Based on the last 12 Ifo Business Climate events in Germany, we expect a $570 movement on AUDUSD within 48 hours following the event release at 25 Mar 20:00. We expect AUDUSD to trend downwards 48 hours following the event release at 25 Mar 20:00 if the released value is < 87.7 Historical events that allowed us to draw this conclusion

27 Jan 20:00	26 Aug 18:00
25 Jul 18:00	24 Apr 18:00

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