EURUSD may trend downwards from 28 May 12:00

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