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We could see a 48 pip movement on AUDUSD within 48 hours following this event release.

Based on the last 12 Durable Goods Orders MoM events in United States, we may see a 48 pip movement on AUDUSD within 48 hours following the event release at 26 Apr 12:30 UTC. AUDUSD may trend downwards 48 hours following the event release at 26 Apr 12:30 UTC if the released value is < 1% Historical events that allowed us to draw this conclusion

27 Jan 13:30
24 Nov 13:30
27 May 12:30
26 Apr 12:30

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

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