RBA Interest Rate Decision

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We expect a $423 movement on USDCAD within the next 12 hours. We expect USDCAD to trend downwards 12 hours following the RBA Interest Rate Decision events in Australia release because the released value is = 3.6%. A price movement of 59 pips is expected.

Historical events that allowed us to draw this conclusion

12 Aug 04:30
20 May 04:30
01 Apr 04:30
18 Feb 03:30
05 Nov 03:30
24 Sep 04:30
06 Aug 04:30
18 Jun 04:30

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