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Pre Event Forecast

Germany Inflation Rate YoY Prel News Event – a $330 opportunity on EURUSD

We expect a $330 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards 2 hours following the Inflation Rate YoY Prel events in Germany release because the released value is > 9.4%. A price movement of 33 pips is expected.

Historical events that allowed us to draw this conclusion

28 Jul 12:00
28 Apr 12:00
30 Mar 12:00
31 Jan 13:00
06 Jan 13:00
29 Nov 13:00
28 Oct 12:00