Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 39.2 Historical events that allowed us to draw this conclusion

23 Apr 17:30	16 Dec 19:30
24 Jul 17:30	23 May 17:30

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