We expect a $300 movement on AUDUSD within 4 hours following the release of Durable Goods Orders MoM at 2023-02-28 00:30. We expect AUDUSD to trend upwards 4 hours following the event release at 2023-02-28 00:30 if the released value is < -4%. A price movement of 30 pips is expected. Historical events that allowed us to draw this conclusion

24 Dec 00:30	27 Oct 23:30
24 Aug 22:30	25 May 22:30
24 Mar 23:30

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