Based on the last 12 GDP Growth Rate QoQ 1st Est events in FR, we expect a $180 movement on AUDUSD within 4 hours following the event release at 30 Oct 06:30.
We expect AUDUSD to trend down 4 hours following the event release at 30 Oct 06:30 if the released value is = 0.5%
Historical events that allowed us to draw this conclusion
31 Oct 06:30 |
28 Jul 05:30 |
31 Jan 06:30 |
29 Jan 06:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
