We expect a $160 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Inflation Rate YoY Prel events in Germany release because the released value is > 7.8%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

28 Jul 22:00	30 May 22:00
28 Apr 22:00	07 Jan 00:00
28 Oct 23:00

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