Canada Inflation Rate YoY News Event – a $210 opportunity on AUDUSD

We expect a $210 movement on AUDUSD within 2 hours following the release of Inflation Rate YoY at 22 Apr 12:30. We expect AUDUSD to trend downwards 2 hours following the event release at 22 Apr 12:30 if the released value is = 1.2%. A price movement of 21 pips is expected.

Historical events that allowed us to draw this conclusion

22 Jan 13:30
20 Nov 13:30
17 Jul 12:30
17 Apr 12:30