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We expect AC to trend downwards today with a 80% chance.

We expect AC to trend downwards later today. Based on these past Germany Inflation Rate YoY Prel news events there is a 80% chance of this. We expect this to happen if the released value is = 0.6%. A price movement of 6 pips is expected.

Historical events that allowed us to draw this conclusion

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

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Important price line being approached by GER30. This price has been tested numerous times before.

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