Want to know why AUDUSD is going upwards today?

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect a $1,160 movement on AUDUSD within 48 hours following the event release at 13 Nov 21:00. We expect AUDUSD to trend upwards 48 hours following the event release at 13 Nov 21:00 if the released value is = 12.7%

Historical events that allowed us to draw this conclusion

14 Aug 19:00
15 May 19:00
14 Nov 21:00
14 Aug 19:00
14 Feb 21:00
14 Nov 21:00
15 May 19:00
14 Feb 21:00

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