Germany Markit Manufacturing PMI Flash News Event – a $200 opportunity on AUDUSD

We expect a $200 movement on AUDUSD within 2 hours following the release of Markit Manufacturing PMI Flash at 24 Mar 08:30. We expect AUDUSD to trend downwards 2 hours following the event release at 24 Mar 08:30 if the released value is < 39.6. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

24 Oct 07:30
24 Jul 07:30
18 Apr 07:30
22 Mar 08:30