Based on the last 12 Inflation Rate YoY events in United States, we expect AUDUSD to trend downwards. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards for 2 hours because the released value is = 7%. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
14 Sep 12:30 |
10 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
