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10 pip movement on AUDUSD expected

10 pip movement on AUDUSD expected

Based on the last 12 KOF Leading Indicators events in CH, we expect a 10 pip movement on AUDUSD for the next 4 hours.
We expect AUDUSD to trend up for 4 hours because the released value is < 96.9 Historical events that allowed us to draw this conclusion

28 Feb 08:00
 
30 Jan 08:00
 
28 Dec 08:00
 
30 Oct 08:00
 
30 Aug 07:00
 
30 Jul 07:00
 
30 May 07:00
 

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

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