66.67% probability that AUDUSD will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect AUDUSD to trend downwards for the next 12 hours. Based on these past events there is a 66.67% chance of this. This will happen because the released value is < 49.7

Historical events that allowed us to draw this conclusion

24 Jan 08:30
23 Nov 08:30
24 Oct 08:30
21 Sep 08:30
23 Aug 08:30
22 Mar 08:30

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

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