Based on the last 12 PPI Input YoY events in United Kingdom, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is < -1.8% Historical events that allowed us to draw this conclusion
17 Jul 08:30 |
22 May 08:30 |
17 Apr 08:30 |
13 Feb 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
