Canada GDP Growth Rate QoQ News Event – a possible $250 movement on AUDUSD

Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect a $250 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is < 10% Historical events that allowed us to draw this conclusion

31 May 22:30
02 Mar 00:30

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