Based on the last 12 GDP Price Index QoQ Final events in United States, we expect AUDUSD to trend upwards. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards for 48 hours because the released value is > 1.4%. A price movement of 6 pips is expected.
Historical events that allowed us to draw this conclusion
28 Jun 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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