We expect AUDUSD to trend downwards later today. Based on these past Germany Markit Manufacturing PMI Flash news events there is a 83.33% chance of this. We expect this to happen if the released value is > 52.5. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
21 Aug 07:30 |
23 Jun 07:30 |
21 Feb 08:30 |
24 Jan 08:30 |
22 Nov 08:30 |