Based on past United States Durable Goods Orders MoM news events there is a 71.43% chance of AUDUSD trending upwards. We expect this to happen if the released value is < 0.6%. A price movement of 57 pips is expected. Historical events that allowed us to draw this conclusion
28 Feb 00:30 |
24 Dec 00:30 |
24 Aug 22:30 |
25 May 22:30 |
24 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).