9 pip movement on AUDUSD expected

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 9 pip movement on AUDUSD within 2 hours following the event release at 30 Jul 12:00 UTC. We expect AUDUSD to trend downwards 2 hours following the event release at 30 Jul 12:00 UTC if the released value is < 0.2% Historical events that allowed us to draw this conclusion

28 Nov 13:00
29 Aug 12:00