Trade with an edge around todays Australia RBA Interest Rate Decision news event

Based on past Australia RBA Interest Rate Decision news events there is a 72.73% chance of NZDUSD trending upwards. We expect this to happen if the released value is = 0.1%. A price movement of 117 pips is expected.

Historical events that allowed us to draw this conclusion

01 Dec 14:30
03 Nov 14:30
01 Sep 14:30
02 Jun 14:30
05 May 14:30
19 Mar 14:30
04 Feb 14:30
03 Dec 14:30

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