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”)
