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”).