6A 03 12 (1 Min) 11.03.11

11/3/2011 Quarterly RBA Rate Statement / Cash Rate (1430 HI time / 2030 EDT)
Forecast: n/a
Actual: n/a
DULL REACTION
Started @ 1.0266
1st Peak @ 1.0257 – 1431 (1 min)
9 ticks

Reverse to 1.0272 – 1442 (12 min)
15 ticks

Notes: Since the first candle crossed the 100 SMA downward about halfway down and could not cross the 200 SMA, I would expect close out at the 200. It also hovered at the 200 toward the end of the 1431 candle. After a small 15 tick reversal, it dropped substantially for 41 ticks, but that would not be predictable.