If the released value is > 16 for the Philadelphia Fed Manufacturing Index event, we could see a $1,210 movement on AUDUSD within 48 hours following the release at 19 May 12:30. This movement may form an downwards trend for 48 hours following the event release at 19 May 12:30.
Historical events that allowed us to draw this conclusion
20 Jan 13:30 |
18 Nov 13:30 |
16 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
