40 pip movement on AUDUSD expected

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 40 pip movement on AUDUSD within 12 hours following the event release at 2023-04-28 22:00. We expect AUDUSD to trend downwards 12 hours following the event release at 2023-04-28 22:00 if the released value is < 7.3% Historical events that allowed us to draw this conclusion

09 Feb 18:00
30 Nov 00:00
29 Jun 22:00

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