Based on the last 12 Ivey PMI s.a events in Canada, we could see a $170 movement on AUDUSD within the next 4 hours. We may see AUDUSD trend upwards for 4 hours because the released value is > 55
Historical events that allowed us to draw this conclusion
05 Oct 14:00 |
07 Sep 14:00 |
06 Apr 14:00 |
06 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
