AUDUSD will trend downwards right now

Past performance is not an indicator of future results.
We expect AUDUSD to trend downwards for the next 12 hours. Based on these past United States Durable Goods Orders MoM news events there is a 83.33% chance of this. We expect this to happen because the released value is < 1.5%. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

21 Dec 13:30
21 Nov 13:30
26 Jul 13:30
25 May 13:30
27 Feb 13:30

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

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