We expect a $190 movement on AUDUSD within 4 hours following the release of Inflation Rate YoY at 2023-06-22 23:30. We expect AUDUSD to trend upwards 4 hours following the event release at 2023-06-22 23:30 if the released value is < 4.1%. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion
22 Dec 23:30 |
20 Oct 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).