We expect a $230 movement on AUDUSD within 4 hours following the release of Inflation Rate YoY at 21 Oct 17:00. We expect AUDUSD to trend upwards 4 hours following the event release at 21 Oct 17:00 if the released value is > 0.5%. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

16 Sep 16:00	19 Aug 16:00
15 Jul 16:00	18 Dec 20:30

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