Canada Ivey PMI s.a News Event – a possible $200 movement on AUDUSD

Based on the last 12 Ivey PMI s.a events in Canada, a $200 movement on AUDUSD may occur within 2 hours following the event release at 06 May 14:00. AUDUSD could trend upwards 2 hours following the event release at 06 May 14:00 if the released value is < 73.8 Historical events that allowed us to draw this conclusion

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