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On Event

25 pip movement on AUDUSD expected

We expect a $250 movement on AUDUSD within 2 hours following the release of Ifo Business Climate at 2023-03-27 08:00. We expect AUDUSD to trend downwards 2 hours following the event release at 2023-03-27 08:00 if the released value is > 91. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 09:00
24 Nov 09:00
25 Oct 08:00
25 Aug 08:00
25 Apr 08:00