Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $200 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards for the next 2 hours because the released value is < 44.0 Historical events that allowed us to draw this conclusion
24 Jul 07:30 |
18 Apr 07:30 |
22 Mar 08:30 |
21 Feb 08:30 |
24 Jan 08:30 |
14 Dec 08:30 |
23 Nov 08:30 |
24 Oct 07:30 |
21 Sep 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
