Based on the last 12 Inflation Rate YoY events in Australia, we expect AUDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 2.5%
Historical events that allowed us to draw this conclusion
24 Apr 01:30 |
25 Oct 00:30 |
26 Apr 01:30 |
27 Apr 01:30 |
25 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
