Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect AUDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 30 Apr 09:00 if the released value is = -3.5%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jul 09:00

02 May 09:00

31 Oct 10:00

01 Aug 09:00

03 May 09:00