Japan Consumer Confidence News Event – a $110 opportunity on AUDUSD

We expect a $110 movement on AUDUSD within 2 hours following the release of Consumer Confidence at 29 May 05:00. We expect AUDUSD to trend downwards 2 hours following the event release at 29 May 05:00 if the released value is < 25.1. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

30 Apr 05:00
03 Mar 05:00
29 Jan 05:00
02 Oct 05:00
29 Aug 05:00
31 Jul 05:00
01 Jul 05:00
31 May 05:00