Based on past Australia RBA Interest Rate Decision news events there is a 90% chance of EURUSD trending downwards. We expect this to happen if the released value is = 2.35%. A price movement of 195 pips is expected.

Historical events that allowed us to draw this conclusion

02 Aug 14:30	05 Jul 14:30
05 Apr 14:30	01 Mar 14:30
07 Dec 14:30	02 Nov 14:30
05 Oct 14:30	07 Sep 14:30
03 Aug 14:30

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