Based on the last 12 BoC Interest Rate Decision events in Canada, we expect AUDUSD to trend upwards later today. Based on these past events there is a 81.82% chance of this. This may happen if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

10 Sep 00:00	04 Jun 00:00
16 Apr 00:00	23 Jan 02:00
31 Oct 01:00	05 Sep 00:00
11 Jul 00:00	30 May 00:00
25 Apr 00:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).