Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect AUDUSD to trend upwards right now. Based on these past events there is a 77.78% chance of this. We expect AUDUSD to trend upwards for the next 2 hours because the released value is > 65.8. A price movement of 32 pips is expected.
Historical events that allowed us to draw this conclusion
24 Mar 08:30 |
19 Feb 08:30 |
16 Dec 08:30 |
23 Nov 08:30 |
23 Oct 07:30 |
23 Sep 07:30 |
24 Jul 07:30 |