66.67% probability that AUDUSD may trend upwards

We expect a $380 movement on AUDUSD within 12 hours following the release of Inflation Rate YoY at 2023-02-22 00:30. We expect AUDUSD to trend upwards 12 hours following the event release at 2023-02-22 00:30 if the released value is < 6.1%. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion

18 Jan 00:30
20 Sep 22:30

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