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Canada Inflation Rate YoY News Event – a $250 opportunity on AUDUSD

We expect a $250 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards 2 hours following the Inflation Rate YoY events in Canada release because the released value is < 3.2%. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion

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