We expect a $510 movement on EURUSD within 12 hours following the release of KOF Leading Indicators at 2023-03-30 18:00. We expect EURUSD to trend upwards 12 hours following the event release at 2023-03-30 18:00 if the released value is < 100.5. A price movement of 51 pips is expected. Historical events that allowed us to draw this conclusion

30 Nov 19:00	30 Aug 17:00
30 May 17:00	30 Mar 18:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).