Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect AUDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 0.3%
Historical events that allowed us to draw this conclusion
29 Oct 08:00 |
30 Jul 08:00 |
30 Apr 08:00 |
02 Feb 09:00 |
31 Jul 08:00 |
30 Apr 10:00 |
31 Oct 11:00 |
31 Jul 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
