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There is a 80% chance of AUDUSD trending upwards

Based on the last 12 Ifo Business Climate events in Germany, we could see a $670 movement on AUDUSD within the next 12 hours. We may see AUDUSD trend upwards for 12 hours because the released value is > 85.9

Historical events that allowed us to draw this conclusion

25 Sep 08:00
27 Mar 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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Esperamos un movimiento del $670 en el AUDUSD durante las próximas 12 horas.

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Nous attendons un mouvement de $670 pour AUDUSD dans les 12 prochaines heures.

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