Based on the last 12 Ifo Business Climate events in Germany, a $250 movement on AUDUSD may occur within 2 hours following the event release at 23 May 08:00. AUDUSD could trend downwards 2 hours following the event release at 23 May 08:00 if the released value is > 91.4

Historical events that allowed us to draw this conclusion

25 Apr 08:00

25 Jan 09:00

24 Jun 08:00

25 May 08:00