Based on the last 12 Inflation Rate YoY Prel events in Germany, we could see a $1040 movement on AUDUSD within the next 48 hours. We may see AUDUSD trend upwards for 48 hours because the released value is = 2.3%
Historical events that allowed us to draw this conclusion
29 May 12:00 |
02 Apr 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
