There is a 80% chance of AC trending downwards

Based on past Germany Ifo Business Climate news events there is a 80% chance of AC trending downwards. We expect this to happen if the released value is > 78.3. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

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

leave a reply