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C could trend upwards for the next 48 hours.

C may trend upwards for the next 48 hours. Based on these past United States Inflation Rate YoY news events there is a 75% chance of this. Our expectation is based on that fact that the released value is > 8.3%. A price movement of 2,300 pips could be expected.

Historical events that allowed us to draw this conclusion

11 May 12:30
12 Apr 12:30
10 Feb 13:30
10 Nov 13:30
13 Oct 12:30
11 Aug 12:30
13 Jul 12:30

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

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A possible $392.744 movement on CL within 4 hours following the event release at 10 Jun 14:00.

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There is a 75% chance of NZDUSD trending downwards

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