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We expect C to trend upwards today with a 80% chance.

We expect C to trend upwards later today. Based on these past Germany Ifo Business Climate news events there is a 80% chance of this. We expect this to happen if the released value is > 94.7. A price movement of 126,450 pips is expected.

Historical events that allowed us to draw this conclusion

25 May 08:00

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

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