Are you on the right side of Canada Inflation Rate YoY news event?

Past performance is not an indicator of future results.
Based on the last 12 Inflation Rate YoY events in Canada, we expect NZDUSD to trend downwards. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend downwards for 12 hours because the released value is < 1.5%. A price movement of 30 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 13:30

19 Oct 13:30

18 May 13:30

20 Apr 13:30

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

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