Trade with an edge around todays Germany Ifo Business Climate news event

La performance passata non è un indicatore delle performance future.
Based on past Germany Ifo Business Climate news events there is a 87.5% chance of AUDUSD trending upwards. We expect this to happen because the released value is < 99. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

25 Jan 09:00
18 Dec 09:00
26 Nov 09:00
25 Oct 09:00
25 Maggio 09:00
24 Apr 09:00
22 Feb 09:00

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

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