Based on the last 12 RBA Interest Rate Decision events in Australia, we expect EURUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend downwards for the next 2 hours because the released value is = 0.1%. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
07 Dec 03:30 |
02 Nov 03:30 |
05 Oct 03:30 |
07 Sep 04:30 |
01 Jun 04:30 |
04 May 04:30 |
02 Mar 03:30 |
02 Feb 03:30 |