We expect AUDUSD to trend upwards for the next 12 hours. Based on these past Australia RBA Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.1%. A price movement of 53 pips is expected.
Historical events that allowed us to draw this conclusion
01 Mar 03:30 |
01 Feb 03:30 |
07 Dec 03:30 |
05 Oct 03:30 |
03 Aug 04:30 |
01 Jun 04:30 |
06 Apr 04:30 |
02 Mar 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
