Based on past Germany Ifo Business Climate news events there is a 66.67% chance of EURUSD trending downwards. We expect this to happen if the released value is < 94.2. A price movement of 94 pips is expected. Historical events that allowed us to draw this conclusion
17 Dec 09:00 |
24 Nov 09:00 |
24 Sep 08:00 |
26 Apr 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
