Based on the last 12 Inflation Rate YoY Prel events in Germany, we could see a $560 movement on AUDUSD within the next 4 hours. We may see AUDUSD trend downwards for 4 hours because the released value is > 6%
Historical events that allowed us to draw this conclusion
29 Jun 12:00 |
01 Mar 13:00 |
28 Oct 12:00 |
30 Aug 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
