We expect a $1560 movement on AUDUSD within 48 hours following the release of ISM Non-Manufacturing PMI at 2023-01-07 02:00. We expect AUDUSD to trend downwards 48 hours following the event release at 2023-01-07 02:00 if the released value is < 55. A price movement of 156 pips is expected. Historical events that allowed us to draw this conclusion

04 Jun 00:00	05 May 00:00
06 Apr 00:00

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