EURUSD may trend downwards from 24 Jan 19:30

We expect EURUSD to trend downwards later today. Based on these past Germany Markit Manufacturing PMI Flash news events there is a 85.71% chance of this. We expect this to happen if the released value is < 44.5. A price movement of 43 pips is expected. Historical events that allowed us to draw this conclusion

24 Oct 18:30
23 May 17:30
18 Apr 17:30
22 Mar 19:30
21 Feb 19:30
24 Jan 19:30