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Are you on the right side of the AU RBA Interest Rate Decision news event?

Are you on the right side of the AU RBA Interest Rate Decision news event?

Based on the last 12 RBA Interest Rate Decision events in AU, we expect USDCAD to trend down. Based on these past events there is a 75.0% of this.
We expect USDCAD to trend down for 2 hours because the released value is = 1.5%. A price movement of 6 pips is expected.

Historical events that allowed us to draw this conclusion

02 Apr 03:30
 
05 Feb 03:30
 
04 Dec 03:30
 
06 Nov 03:30
 
04 Sep 04:30
 
07 Aug 04:30
 
03 Jul 04:30
 
05 Jun 04:30
 
03 Apr 04:30
 

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

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EUR/USD Target Level: 1.1264

EUR/USD Target Level: 1.1264

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