NQ could trend upwards later today. Based on these past Australia GDP Growth Rate QoQ news events there is a 66.67% chance of this. This could happen only if the released value is < 0.5%. The price movement may be as big as 7,612 pips. Historical events that allowed us to draw this conclusion
04 Dec 00:30 |
05 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).