Based on past Canada Inflation Rate YoY news events there is a 83.33% chance of AUDUSD trending downwards. We expect this to happen if the released value is < 1.8%. A price movement of 14 pips is expected. Historical events that allowed us to draw this conclusion
17 Dec 13:30 |
15 Oct 12:30 |
17 Sep 12:30 |
16 Jul 12:30 |
20 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
