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We expect a $160 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards 2 hours following the Ifo Business Climate events in Germany release because the released value is > 88. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
24 Jun 08:00 |
24 Apr 08:00 |
27 Jan 09:00 |
25 Oct 08:00 |
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