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There is a 66.67% chance of EURUSD trending downwards

Based on past United States Core Inflation Rate YoY news events there is a 66.67% chance of EURUSD trending downwards. We expect this to happen because the released value is > 2.3%. A price movement of 54 pips is expected.

Historical events that allowed us to draw this conclusion

13 Aug 12:30
11 Jul 12:30
13 Feb 13:30

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

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