Based on the last 12 Inflation Rate YoY events in United States, we expect a $90 movement on AUDUSD within 4 hours following the event release at 10 Oct 12:30. We expect AUDUSD to trend downwards 4 hours following the event release at 10 Oct 12:30 if the released value is = 1.8%
Historical events that allowed us to draw this conclusion
11 Jul 12:30 |
11 Jan 13:30 |
14 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).