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Based on the last 12 BoC Interest Rate Decision events in Canada, we expect a 26 pip movement on AUDUSD for the next 2 hours. We expect AUDUSD to trend downwards for 2 hours because the released value is = 1%
Historical events that allowed us to draw this conclusion
27 Jan 02:00 |
09 Dec 02:00 |
28 Oct 01:00 |
09 Sep 00:00 |
15 Jul 00:00 |
10 Jun 00:00 |
11 Mar 02:00 |
10 Dec 02:00 |
29 Oct 01:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).