Based on the last 12 Inflation Rate YoY events in Canada, we expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards for the next 2 hours because the released value is > 0.3%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
18 Mar 12:30 |
19 Feb 13:30 |