Based on the last 12 Inflation Rate YoY events in Canada, we expect a 88 pip movement on EURUSD for the next 48 hours. We expect EURUSD to trend downwards for 48 hours because the released value is < 0.5% Historical events that allowed us to draw this conclusion

17 Jun 22:30	20 May 22:30
22 Apr 22:30	18 Sep 22:30

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