Based on the last 12 Balance of Trade events in Germany, EURUSD could experience an upwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 12 hours because the released value is < €22.4B. Historical events that allowed us to draw this conclusion
08 Apr 06:00 |
04 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).