We expect a $110 movement on EURUSD within the next 2 hours.
We expect EURUSD to trend up 2 hours following the GDP Growth Rate QoQ Adv events in IT release because the released value is < 0.1%. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
12 Aug 08:00 |
12 Feb 09:00 |
13 Nov 09:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
