We expect a $360 movement on AUDUSD within 48 hours following the release of Industrial Production YoY at 12 Mar 21:00. We expect AUDUSD to trend downwards 48 hours following the event release at 12 Mar 21:00 if the released value is > -3.1%. A price movement of 36 pips is expected.

Historical events that allowed us to draw this conclusion

12 Dec 21:00	13 Nov 21:00
13 Jun 19:00	14 May 19:00
12 Apr 19:00

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