Based on the last 12 Consumer Confidence events in Switzerland, a $220 movement could occur on AUDUSD within 2 hours following the event release at 02 May 17:00. We expect AUDUSD to trend downwards 2 hours following the event release at 02 May 17:00 if the released value is < -6.4 Historical events that allowed us to draw this conclusion

01 Feb 19:00	04 Nov 19:00
04 May 17:00	15 Apr 19:30
04 Nov 17:45	03 May 15:45

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