Based on the last 12 Inflation Rate MoM events in United States, EURUSD could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 12 hours because the released value is > 0.3%.
Historical events that allowed us to draw this conclusion
13 Feb 13:30 |
12 Dec 13:30 |
12 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
