We expect EURUSD to trend upwards for the next 4 hours. Based on these past Canada Inflation Rate YoY news events there is a 80% chance of this. We expect this to happen because the released value is = 2.2%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 00:30	21 Nov 00:30
17 Jul 22:30	15 May 22:30