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There is a 66.67% chance of EURUSD trending upwards

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”).

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We expect S to trend downwards right now.

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NZD/USD has broken through support of a Triangle. It has touched this line at least twice in the last 5 days.

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