Based on the last 12 Ivey PMI s.a events in Canada, we expect AUDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 04 Sep 14:00 if the released value is < 68.7. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion
07 Apr 14:00 |
07 Jan 15:00 |
06 Nov 15:00 |
04 Oct 14:00 |