Japan Consumer Confidence News Event – a $190 opportunity on AUDUSD

We expect a $190 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards 2 hours following the Consumer Confidence events in Japan release because the released value is > 33. A price movement of 19 pips is expected.

Historical events that allowed us to draw this conclusion

31 May 05:00
08 Apr 05:00
04 Mar 05:00
02 Oct 05:00
31 Jul 05:00