Based on past France Inflation Rate YoY Prel news events there is a 80% chance of AUDUSD trending downwards. We expect this to happen because the released value is < 2.6%. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion
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30 Nov 07:45 |
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31 May 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
