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There is a 80% chance of AUDUSD trending upwards

Based on the last 12 Deposit Facilty Rate events in Euro Area, we expect a $520 movement on AUDUSD within 2 hours following the event release at 2024-12-12 13:15. We expect AUDUSD to trend upwards 2 hours following the event release at 2024-12-12 13:15 if the released value is = 3%

Historical events that allowed us to draw this conclusion

12 Sep 12:15
18 Jul 12:15
06 Jun 12:15
11 Apr 12:15
07 Mar 13:15
25 Jan 13:15
14 Dec 13:15
26 Oct 12:15
15 Jun 12:15

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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