Based on the last 12 Ivey PMI s.a events in Canada, AUDUSD may trend upwards for the next 48 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 52.4
Historical events that allowed us to draw this conclusion
06 Dec 15:00 |
05 Oct 14:00 |
07 Sep 14:00 |
06 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).