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71.4% probability that AUDUSD will trend up

71.4% probability that AUDUSD will trend up

Based on the last 12 Ifo Business Climate events in DE, we expect AUDUSD to trend up later today. Based on these past events there is a 71.4% of this.
This will happen if the released value is > 103

Historical events that allowed us to draw this conclusion

24 Sep 08:00
 
27 Aug 08:00
 
25 Jul 08:00
 
24 Nov 09:00
 
25 Oct 08:00
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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