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Trade with an edge around todays DE Ifo Business Climate news event

Trade with an edge around todays DE Ifo Business Climate news event

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”)

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