We expect a $130 movement on AUDUSD within 2 hours following the release of GfK Consumer Confidence at 19 Mar 00:01. We expect AUDUSD to trend downwards 2 hours following the event release at 19 Mar 00:01 if the released value is > -20. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

19 Feb 00:01

22 Jan 00:01

18 Dec 00:01

24 Sep 23:01

02 Jul 23:01

23 Apr 23:01