75% probability that AUDUSD may trend upwards right now

Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect AUDUSD to trend upwards for the next 4 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 56.5

Historical events that allowed us to draw this conclusion

23 Jul 17:30
23 Jun 17:30
24 Mar 19:30
19 Feb 19:30
23 Nov 19:30
23 Oct 18:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).