75% probability that AUDUSD may trend upwards

Based on the last 12 Ifo Business Climate events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 102.1 Historical events that allowed us to draw this conclusion

26 Apr 08:00
25 Jan 09:00
26 Oct 09:00