28 pip movement on AUDUSD expected

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect a 28 pip movement on AUDUSD for the next 12 hours. We expect AUDUSD to trend upwards for 12 hours because the released value is = 0.2%

Historical events that allowed us to draw this conclusion

14 Nov 10:00
14 Feb 10:00
14 Nov 10:00
16 Aug 10:00
16 May 10:00
15 Nov 10:00
08 Mar 10:00

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