Euro Area Business Confidence News Event – a possible $90 movement on AUDUSD

Based on the last 12 Business Confidence events in Euro Area, we expect a $90 movement on AUDUSD within 2 hours following the event release at 30 Mar 09:00. We expect AUDUSD to trend downwards 2 hours following the event release at 30 Mar 09:00 if the released value is > -0.05

Historical events that allowed us to draw this conclusion

30 Oct 10:00
29 Aug 09:00