Canada Ivey PMI s.a News Event – a $390 opportunity on AUDUSD

We expect a $390 movement on AUDUSD within 2 hours following the release of Ivey PMI s.a at 08 Sep 14:00. We expect AUDUSD to trend upwards 2 hours following the event release at 08 Sep 14:00 if the released value is < 56. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

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