Germany Ifo Business Climate News Event – a $470 opportunity on AUDUSD
We expect a $470 movement on AUDUSD within 12 hours following the release of Ifo Business Climate at 25 Jan 20:00. We expect AUDUSD to trend upwards 12 hours following the event release at 25 Jan 20:00 if the released value is > 94.7. A price movement of 47 pips is expected.Historical events that allowed us to draw this conclusion24…