Based on past Germany Ifo Business Climate news events there is a 71.43% chance of AUDUSD trending upwards. We expect this to happen if the released value is > 90. A price movement of 112 pips is expected.

Historical events that allowed us to draw this conclusion

24 Nov 20:00	25 Aug 18:00
27 Jul 18:00	25 May 18:00
18 Dec 20:00

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