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We expect AUDUSD to trend downwards today with a 75% chance.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 0.4%

Historical events that allowed us to draw this conclusion

17 Jun 06:00
25 Mar 07:00
17 Jul 08:30

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

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