Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 12 pip movement on USDJPY within 2 hours following the event release at 02 Mar 00:30 UTC. We expect USDJPY to trend upwards 2 hours following the event release at 02 Mar 00:30 UTC if the released value is > 3%
Historical events that allowed us to draw this conclusion
01 Sep 01:30 |
02 Jun 01:30 |
03 Mar 00:30 |
02 Dec 00:30 |
04 Mar 00:30 |