Australia RBA Interest Rate Decision News Event – a possible $80 movement on NZDUSD

Past performance is not an indicator of future results.
Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $80 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards for 2 hours because the released value is = 1.5%

Historical events that allowed us to draw this conclusion

05 Feb 03:30

04 Dec 03:30

06 Nov 03:30

07 Aug 05:30

03 Jul 05:30

05 Jun 05:30

03 Apr 05:30

06 Feb 03:30

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

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