We expect a $100 movement on AUDUSD within 4 hours following the release of GDP Growth Rate YoY Adv at 30 Oct 09:00.
We expect AUDUSD to trend up 4 hours following the event release at 30 Oct 09:00 if the released value is > 0.9%. A price movement of 10 pips is expected.
Historical events that allowed us to draw this conclusion
14 Nov 09:00 |
16 Aug 08:00 |
14 Feb 09:00 |
15 Nov 09:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
