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There is a 88.89% chance of AUDUSD trending downwards

Based on past United States Durable Goods Orders MoM news events there is a 88.89% chance of AUDUSD trending downwards. We expect this to happen because the released value is > -0.8%. A price movement of 50 pips is expected.

Historical events that allowed us to draw this conclusion

24 Apr 12:30
26 Mar 12:30
22 Dec 13:30
26 Oct 12:30
27 Sep 12:30
27 Jul 12:30
27 Jun 12:30
26 May 12:30

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

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