Want to know why AUDUSD is going upwards today?

Based on the last 12 Ivey PMI s.a events in Canada, we expect a $210 movement on AUDUSD within 4 hours following the event release at 08 Oct 01:00. We expect AUDUSD to trend upwards 4 hours following the event release at 08 Oct 01:00 if the released value is > 68

Historical events that allowed us to draw this conclusion

08 Jul 00:00
06 Jun 00:00
08 Feb 02:00
06 Dec 02:00

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