Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a $170 movement on AUDUSD within 12 hours following the event release at 21 Oct 23:30. We expect AUDUSD to trend downwards 12 hours following the event release at 21 Oct 23:30 if the released value is < 25 Historical events that allowed us to draw this conclusion

19 Aug 22:30	15 Jul 22:30
17 Jun 22:30	18 Dec 00:30

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