We expect EURUSD to trend downwards later today. Based on these past Germany Inflation Rate YoY Prel news events there is a 75% chance of this. We expect this to happen if the released value is = 0.6%. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
30 Mar 12:00 |
28 Feb 13:00 |
30 Oct 13:00 |