AUDUSD may trend upwards from 30 Apr 17:00

We expect AUDUSD to trend upwards later today. Based on these past Switzerland KOF Leading Indicators news events there is a 75% chance of this. We expect this to happen if the released value is < 119.5. A price movement of 140 pips is expected. Historical events that allowed us to draw this conclusion

30 Oct 19:00
30 Jun 17:00
29 May 17:00

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