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On Event

Trade with an edge around todays United States Durable Goods Orders MoM news event

We expect AUDUSD to trend downwards for the next 2 hours. Based on these past United States Durable Goods Orders MoM news events there is a 85.71% chance of this. We expect this to happen because the released value is > 1%. A price movement of 29 pips is expected.

Historical events that allowed us to draw this conclusion

27 Jun 12:30
26 May 12:30
26 Apr 12:30
26 Jan 13:30
27 Sep 12:30
27 Jul 12:30