We expect AUDUSD to trend upwards today with a 75% chance.

Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < -12%Historical events that allowed us to draw this conclusion

31 Jan 10:00
30 Oct 10:00
31 Jul 09:00

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

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