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We expect AUDUSD to trend downwards today with a 66.67% chance.

Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 7

Historical events that allowed us to draw this conclusion

19 Sep 12:30
15 Aug 12:30
16 May 12:30
21 Mar 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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