Based on the last 12 Inflation Rate YoY Prel events in Italy, AUDUSD could experience an downwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 4 hours because the released value is < 0.9%. Historical events that allowed us to draw this conclusion
01 Feb 10:00 |
05 Jan 10:00 |
30 Nov 10:00 |
31 Oct 10:00 |
28 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
