Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 74 pip movement on EURUSD for the next 48 hours. We expect EURUSD to trend downwards for 48 hours because the released value is > 3.3%

Historical events that allowed us to draw this conclusion

31 May 22:00	29 Apr 22:00
29 Jan 00:00	30 Oct 00:00

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