Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $10 movement on AUDUSD within 2 hours following the event release at 22 Aug 07:30. We expect AUDUSD to trend downwards 2 hours following the event release at 22 Aug 07:30 if the released value is < 43 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”).
