Based on the last 12 Ifo Business Climate events in Germany, we expect a 19 pip movement on AUDUSD for the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is < 96.6 Historical events that allowed us to draw this conclusion

25 Aug 08:00

26 Jul 08:00

26 Apr 08:00

25 Jan 09:00

26 Oct 09:00