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There is a 80% chance of AUDUSD trending downwards

Based on past Switzerland KOF Leading Indicators news events there is a 80% chance of AUDUSD trending downwards. We expect this to happen if the released value is < 100.8. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

30 Nov 08:00
30 Aug 07:00
30 Jul 07:00
30 Jun 07:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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