Based on the last 12 GDP Growth Rate YoY Adv events in IT, we expect a $70 movement on AUDUSD within the next 2 hours.
We expect AUDUSD to trend up for the next 2 hours because the released value is < 0.9%
Historical events that allowed us to draw this conclusion
31 Jul 10:00 |
14 Feb 09:00 |
12 Feb 09:00 |
13 Nov 09:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
