We expect a $120 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards 2 hours following the RBA Interest Rate Decision events in Australia release because the released value is = 0.25%. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

04 Feb 14:30	05 Nov 14:30
03 Sep 14:30	06 Aug 14:30
02 Jul 14:30	04 Jun 14:30
07 May 14:30	02 Apr 14:30

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