Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect AUDUSD to trend upwards. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend upwards for 12 hours because the released value is > 5.1%. A price movement of 66 pips is expected.

Historical events that allowed us to draw this conclusion

28 Oct 23:00	29 Jul 22:00
31 May 22:00	02 Mar 00:00
29 Jan 00:00

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