Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend downwards 4 hours following the event release at 30 Oct 00:00 if the released value is < -0.3%. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

29 Sep 22:00	30 Jul 22:00
29 Nov 00:00

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