Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards 48 hours following the event release at 2023-02-28 08:00 if the released value is < 0.1%. A price movement of 81 pips is expected. Historical events that allowed us to draw this conclusion
29 Nov 08:00 |
28 Feb 08:00 |
02 Sep 07:00 |
03 Jun 05:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
