Based on the last 12 Inflation Rate YoY events in United States, we expect RTY to trend upwards right now. Based on these past events there is a 80% chance of this. We expect RTY to trend upwards for the next 4 hours because the released value is > 2.2%. A price movement of 2,534 pips is expected.
Historical events that allowed us to draw this conclusion
13 Feb 13:30 |
13 Nov 13:30 |
13 Aug 12:30 |
10 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
