Based on the last 12 Inflation Rate YoY Prel events in France, we could see a $230 movement on AUDUSD within the next 2 hours. We may see AUDUSD trend downwards for 2 hours because the released value is > 2.1%
Historical events that allowed us to draw this conclusion
29 Feb 07:45 |
31 Aug 06:45 |
28 Apr 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
