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Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $960 movement on AUDUSD within the next 48 hours. We expect AUDUSD to trend downwards for the next 48 hours because the released value is > 52.5
Historical events that allowed us to draw this conclusion
23 Jun 17:30![]() |
24 Mar 19:30![]() |
24 Jan 19:30![]() |
22 Nov 19:30![]() |
22 Aug 17:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).