20 pip movement on AUDUSD expected

Based on the last 12 Ivey PMI s.a events in Canada, we expect a 20 pip movement on AUDUSD within 2 hours following the event release at 04 Mar 15:00 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 04 Mar 15:00 UTC if the released value is < 52 Historical events that allowed us to draw this conclusion

07 Jan 15:00
04 Jun 14:00
07 May 14:00