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We expect a $510 movement on AUDUSD within 48 hours following the event release at 30 Sep 07:00.

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”).

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Support line breached by NZD/USD. This price has been tested at least twice before.

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We expect a 1,847 pip movement on GI within 4 hours following the event release.

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