We expect BZ to trend upwards later today. Based on these past Australia GDP Growth Rate QoQ news events there is a 66.67% chance of this. We expect this to happen if the released value is < 0.7%. A price movement of 208 pips is expected. Historical events that allowed us to draw this conclusion
04 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
