We expect a $1600 movement on EURUSD within 48 hours following the release of Inflation Rate YoY at 2023-02-14 13:30. We expect EURUSD to trend downwards 48 hours following the event release at 2023-02-14 13:30 if the released value is > 6.2%. A price movement of 160 pips is expected.
Historical events that allowed us to draw this conclusion
13 Sep 12:30 |
10 Jun 12:30 |
11 May 12:30 |
10 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
