Based on past Australia Inflation Rate YoY news events there is a 80% chance of YM trending upwards. We expect this to happen if the released value is < 2.3%. A price movement of 88 pips is expected. Historical events that allowed us to draw this conclusion
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31 Jan 00:30 |
26 Jul 01:30 |
27 Jul 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
