Based on the last 12 ECB Interest Rate Decision events in Euro Area, AUDUSD could trend downwards later today. Based on these past events there is a 75% chance of this. If the released value is = 0% we could see AUDUSD trend downwards 2 hours following the event release at 09 Jun 21:45.

Historical events that allowed us to draw this conclusion

14 Apr 21:45	10 Mar 23:45
16 Dec 23:45	28 Oct 22:45
09 Sep 21:45	22 Jul 21:45
22 Apr 21:45	11 Mar 23:45
21 Jan 23:45

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