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We expect EURUSD to trend downwards right now.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we could see EURUSD trend downwards right now. Based on historical events there is a 87.5% chance of this. This may happen because the released value is < 2.3% Historical events that allowed us to draw this conclusion

30 Sep 12:00
29 Aug 12:00
01 Jul 12:00
29 Apr 12:00
29 Feb 13:00
31 Jan 13:00
29 Nov 13:00

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

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