We expect a $170 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the BoC Interest Rate Decision events in Canada release because the released value is = 5%. A price movement of 17 pips is expected.
Historical events that allowed us to draw this conclusion
12 Jul 14:00 |
08 Mar 15:00 |
01 Jun 14:00 |
28 Oct 14:00 |
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