If the released value is > -20.5 for the Consumer Confidence Flash event, we could see a $470 movement on AUDUSD within 4 hours following the release at 22 Jun 14:00. This movement may form an downwards trend for 4 hours following the event release at 22 Jun 14:00.
Historical events that allowed us to draw this conclusion
20 May 14:00 |
21 Apr 14:00 |
21 Jan 15:00 |
21 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
