We expect AUDUSD to trend upwards for the next 2 hours. Based on these past Germany Ifo Business Climate news events there is a 66.67% chance of this. We expect this to happen because the released value is < 95.3. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion

25 Aug 18:00	26 Jul 18:00
26 Apr 18:00	25 Jan 20:00

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