Based on the last 12 Inflation Rate YoY Prel events in DE, we expect AUDUSD to trend down. Based on these past events there is a 75.0% of this.
We expect AUDUSD to trend down for 4 hours because the released value is > 2.4%. A price movement of 4 pips is expected.
Historical events that allowed us to draw this conclusion
27 Sep 12:00 |
29 Dec 13:00 |
29 Nov 13:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
