Based on the last 12 GDP Growth Rate QoQ events in Canada, a $210 movement on AUDUSD may occur within 2 hours following the event release at 31 May 12:30. AUDUSD could trend downwards 2 hours following the event release at 31 May 12:30 if the released value is > 1.4%
Historical events that allowed us to draw this conclusion
28 Aug 12:30 |
29 May 12:30 |
29 Nov 13:30 |
30 Aug 12:30 |