Based on the last 12 PPI MoM events in United States, we could see a 32 pip movement on AUDUSD for the next 2 hours. AUDUSD could trend downwards for 2 hours because the released value is > 0.1%
Historical events that allowed us to draw this conclusion
14 Sep 12:30 |
11 Aug 12:30 |
16 Feb 13:30 |
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