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There is a 80% chance of AC trending downwards

Based on past Germany Ifo Business Climate news events there is a 80% chance of AC trending downwards. We expect this to happen if the released value is > 78.3. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

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

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We expect HE to trend upwards with a 66.67% chance.

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We expect ZO to trend downwards today with a 80% chance.

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