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There is a 80% chance of EURUSD trending downwards

Based on past Australia Balance of Trade news events there is a 80% chance of EURUSD trending downwards. We expect this to happen because the released value is < A$6.1B. A price movement of 43 pips is expected. Historical events that allowed us to draw this conclusion

03 Oct 01:30
05 Sep 01:30
08 Jan 00:30
06 Dec 00:30

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

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We expect a $0.024 movement on NG within the next 2 hours.

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After testing support twice in the past, USD/CHF has finally broken through. Can we expect a bearish trend to follow?

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