Want to know why AUDUSD is going up for the next 4 hours?
Based on the last 12 Ivey PMI s.a events in CA, we expect a $130 movement on AUDUSD within the next 4 hours.
We expect AUDUSD to trend up for the next 4 hours because the released value is > 50.9
Historical events that allowed us to draw this conclusion
|04 May 14:00
|06 Mar 15:00
|07 Dec 15:00
|06 Nov 15:00
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)