33 pip movement on AUDUSD expected

Past performance is not an indicator of future results.
Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 33 pip movement on AUDUSD for the next 48 hours. We expect AUDUSD to trend upwards for 48 hours because the released value is < 1.6%

Historical events that allowed us to draw this conclusion

30 Jan 13:00

29 Nov 13:00

30 Jul 13:00

29 Mar 13:00

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

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