We expect a $470 movement on AUDUSD within 12 hours following the release of Ifo Business Climate at 25 Jan 20:00. We expect AUDUSD to trend upwards 12 hours following the event release at 25 Jan 20:00 if the released value is > 94.7. A price movement of 47 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jun 18:00	26 Mar 20:00
22 Feb 20:00	18 Dec 20:00

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