We expect a $293 movement on TN within the next 48 hours. We expect TN to trend downwards 48 hours following the Balance of Trade events in Germany release because the released value is > €6.2B. A price movement of 237 pips is expected.
Historical events that allowed us to draw this conclusion
04 May 06:00 |
04 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
