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There is a 75% chance of MW trending downwards

We expect a $22849 movement on MW within the next 48 hours. We expect MW to trend downwards 48 hours following the Inflation Rate MoM events in United States release because the released value is < 0.3%. A price movement of 154 pips is expected. Historical events that allowed us to draw this conclusion

11 Jul 12:30
12 Jun 12:30
15 May 12:30

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

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