76 pip movement on EURUSD expected

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $760 movement on EURUSD within 12 hours following the event release at 2022-09-29 22:00. We expect EURUSD to trend upwards 12 hours following the event release at 2022-09-29 22:00 if the released value is > 9.4%

Historical events that allowed us to draw this conclusion

28 Jul 22:00
30 May 22:00
28 Apr 22:00
30 Mar 23:00
01 Feb 00:00
30 Nov 00:00
28 Oct 23:00

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