We expect a $180 movement on AUDUSD within 2 hours following the release of GDP Growth Rate QoQ at 02 Mar 13:30. We expect AUDUSD to trend downwards 2 hours following the event release at 02 Mar 13:30 if the released value is > 1.5%. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
28 Aug 12:30 |
29 May 12:30 |
29 Nov 13:30 |
30 Nov 13:30 |
30 Aug 12:30 |