Based on the last 12 Inflation Rate YoY events in Australia, we may expect AUDUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is > 2.3%. A price movement of 53 pips may be experienced.
Historical events that allowed us to draw this conclusion
24 Apr 01:30 |
25 Jan 00:30 |
26 Oct 00:30 |
27 Apr 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
