We expect a $460 movement on AUDUSD within the next 12 hours. We expect AUDUSD to trend downwards 12 hours following the Consumer Confidence events in Japan release because the released value is < 33. A price movement of 46 pips is expected. Historical events that allowed us to draw this conclusion
03 Mar 05:00 |
31 Jan 05:00 |
05 Jan 05:00 |
02 Dec 05:00 |
31 Aug 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
