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Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect AUDUSD to trend downwards later today. Based on these past events there is a 70% chance of this. This may happen if the released value is > 0.5%
Historical events that allowed us to draw this conclusion
29 Oct 19:00 |
30 Jul 18:00 |
30 Apr 18:00 |
31 Jul 18:00 |
30 Apr 20:00 |
31 Jul 20:00 |
30 Apr 20:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).