Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a $120 movement on EURUSD within the next 4 hours. We expect EURUSD to trend downwards for the next 4 hours because the released value is > 2.5%

Historical events that allowed us to draw this conclusion

04 Mar 11:30	05 Sep 11:30
06 Jun 11:30

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