Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 01 Mar 13:00 if the released value is > 1.2%. A price movement of 49 pips is expected.

Historical events that allowed us to draw this conclusion

28 Jan 13:00

29 Oct 13:00

29 Apr 12:00