Canada GDP Growth Rate QoQ News Event – a possible $210 movement on AUDUSD

Based on the last 12 GDP Growth Rate QoQ events in Canada, a $210 movement on AUDUSD may occur within 2 hours following the event release at 31 May 12:30. AUDUSD could trend downwards 2 hours following the event release at 31 May 12:30 if the released value is > 1.4%

Historical events that allowed us to draw this conclusion

28 Aug 12:30
29 May 12:30
29 Nov 13:30
30 Aug 12:30