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A $1,210 movement could be seen on AUDUSD within 48 hours following the release of Philadelphia Fed Manufacturing Index.

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”).

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