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There is a 66.67% chance of EURUSD trending downwards

Based on the last 12 Inflation Rate YoY Prel events in Germany, EURUSD may trend downwards for the next 48 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < 3% Historical events that allowed us to draw this conclusion

29 Nov 13:00
30 Oct 13:00
28 Apr 12:00
09 Feb 07:00

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

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