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We expect a $310 movement on AUDUSD within the next 4 hours.

Based on the last 12 Inflation Rate YoY Prel events in Italy, we could see a $310 movement on AUDUSD within the next 4 hours. AUDUSD could trend downwards for the next 4 hours because the released value is < 1% Historical events that allowed us to draw this conclusion

30 Apr 09:00
01 Mar 10:00
01 Feb 10:00
05 Jan 10:00
30 Nov 10:00
31 Oct 10:00
28 Jun 09:00

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

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