Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $510 movement on AUDUSD within 48 hours following the event release at 30 Sep 07:00. We expect AUDUSD to trend downwards 48 hours following the event release at 30 Sep 07:00 if the released value is > 96.6
Historical events that allowed us to draw this conclusion
30 Jul 07:00 |
29 Mar 08:00 |
28 Sep 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
