If the released value is > 1.5% for the Industrial Production YoY event, we could see a $740 movement on AUDUSD within 48 hours following the release at 20 Apr 19:00. This movement may form an upwards trend for 48 hours following the event release at 20 Apr 19:00.
Historical events that allowed us to draw this conclusion
16 Feb 21:00 |
14 Dec 21:00 |
12 Nov 21:00 |
13 Oct 20:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).