Based on the last 12 Inflation Rate YoY events in Japan, we expect AUDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 3.6%
Historical events that allowed us to draw this conclusion
20 Feb 23:30 |
23 Jan 23:30 |
21 Nov 23:30 |
20 Jun 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
