Germany Markit Manufacturing PMI Flash News Event – a $320 opportunity on AUDUSD

We expect a $320 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards 2 hours following the Markit Manufacturing PMI Flash events in Germany release because the released value is > 57. A price movement of 32 pips is expected.

Historical events that allowed us to draw this conclusion

16 Dec 08:30
23 Nov 08:30
22 Oct 07:30
23 Jul 07:30
23 Jun 07:30
24 Mar 08:30
19 Feb 08:30