Based on the last 12 RBA Interest Rate Decision events in Australia, 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
02 Jun 14:30 |
05 May 14:30 |
19 Mar 14:30 |
04 Feb 14:30 |
03 Dec 14:30 |
05 Nov 14:30 |
03 Sep 14:30 |
06 Aug 14:30 |
02 Jul 14:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).