Based on the last 12 Inflation Rate YoY Prel events in Italy, we could see a $310 movement on AUDUSD within the next 4 hours. AUDUSD could trend downwards for the next 4 hours because the released value is < 1% Historical events that allowed us to draw this conclusion
30 Apr 09:00 |
01 Mar 10:00 |
01 Feb 10:00 |
05 Jan 10:00 |
30 Nov 10:00 |
31 Oct 10:00 |
28 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
