Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect AUDUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 21 Aug 07:30 if the released value is > 52.5. A price movement of 14 pips is expected.

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