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We expect a $720 movement on AUDUSD within 12 hours following the release of Inflation Rate YoY.

Based on the last 12 Inflation Rate YoY events in Japan, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend downwards 12 hours following the event release at 2023-07-20 23:30 if the released value is < 3.5%. A price movement of 72 pips is expected. Historical events that allowed us to draw this conclusion

22 Jun 23:30
20 Oct 23:30
21 Jul 23:30

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

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There is a 75% chance of OJ trending upwards

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Basándonos en los últimos 12 eventos de Tasa De Inflación (Anual) en Japón, esperamos que el par TN adopte una tendencia ascendente a última hora de hoy. Según estos eventos, hay un 75% de probabilidad de que esto suceda.

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