Based on the last 12 RBA Interest Rate Decision events in Australia, we expect AUDUSD to trend upwards. Based on these past events there is a 81.82% chance of this. We expect AUDUSD to trend upwards for 2 hours because the released value is = 0.25%. A price movement of 22 pips is expected.
Historical events that allowed us to draw this conclusion
04 Aug 04:30 |
02 Jun 04:30 |
05 May 04:30 |
19 Mar 03:30 |
04 Feb 03:30 |
03 Dec 03:30 |
05 Nov 03:30 |
03 Sep 04:30 |