Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 118 pip movement on EURUSD within 48 hours following the event release at 29 Apr 22:00 GMT+10. We expect EURUSD to trend downwards 48 hours following the event release at 29 Apr 22:00 GMT+10 if the released value is > 0.6%

Historical events that allowed us to draw this conclusion

30 Jul 22:00	27 Jun 22:00
30 Apr 22:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).