Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a 21 pip movement on AUDUSD within 2 hours following the event release at 03 Jun 01:30 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 03 Jun 01:30 UTC if the released value is > -0.3%
Historical events that allowed us to draw this conclusion
04 Mar 00:30 |
06 Jun 01:30 |
07 Jun 01:30 |