Switzerland KOF Leading Indicators News Event – a possible $470 movement on AUDUSD

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $470 movement on AUDUSD within the next 12 hours. We expect AUDUSD to trend upwards for 12 hours because the released value is > 104.6

Historical events that allowed us to draw this conclusion

30 Dec 19:00
30 Sep 17:00
28 Aug 17:00
30 Jul 17:00
30 Mar 18:00

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