AUDUSD may trend upwards right now

We expect AUDUSD to trend upwards for the next 12 hours. Based on these past United States Inflation Rate YoY news events there is a 75% chance of this. We expect this to happen because the released value is > 2.5%. A price movement of 42 pips is expected.

Historical events that allowed us to draw this conclusion

14 Jan 00:30
11 Dec 00:30
12 Aug 22:30

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