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We expect EURUSD to trend downwards for the next 12 hours.

Based on the last 12 Inflation Rate YoY Prel events in Germany, EURUSD may trend downwards for the next 12 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 2%

Historical events that allowed us to draw this conclusion

06 Jan 13:00
30 Jul 12:00

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

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