Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a 14 pip movement on AUDUSD for the next 2 hours. We expect AUDUSD to trend downwards for 2 hours because the released value is > 52.5
Historical events that allowed us to draw this conclusion
23 Jun 07:30 |
21 Feb 08:30 |
24 Jan 08:30 |
22 Nov 08:30 |
22 Aug 07:30 |