Based on past DE Ifo Business Climate news events there is a 85.7% of AUDUSD trending up
We expect this to happen because the released value is < 99.9. A price movement of 7 pips is expected.
Historical events that allowed us to draw this conclusion
25 Jan 09:00 |
18 Dec 09:00 |
26 Nov 09:00 |
25 Oct 08:00 |
25 May 08:00 |
24 Apr 08:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)