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On Event

66.67% probability that AUDUSD may trend downwards

Based on the last 12 Ifo Business Climate events in Germany, we expect a $250 movement on AUDUSD within 2 hours following the event release at 2022-11-24 09:00. We expect AUDUSD to trend downwards 2 hours following the event release at 2022-11-24 09:00 if the released value is > 85

Historical events that allowed us to draw this conclusion

25 Oct 08:00
25 Aug 08:00
25 Apr 08:00
25 Jan 09:00