We expect AUDUSD to trend downwards for the next 2 hours. Based on these past Germany Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is > 6.3%. A price movement of 36 pips is expected.
Historical events that allowed us to draw this conclusion
01 Mar 13:00 |
29 Sep 12:00 |
30 Aug 12:00 |
28 Jul 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
