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US Durable Goods Orders Ex Transp MoM News Event – a $350 opportunity on

US Durable Goods Orders Ex Transp MoM News Event – a $350 opportunity on

We expect a $350 movement on EURUSD within 4 hours following the release of Durable Goods Orders Ex Transp MoM at 25 Oct 12:30.
We expect EURUSD to trend down 4 hours following the event release at 25 Oct 12:30 if the released value is < 0.5%. A price movement of 35 pips is expected. Historical events that allowed us to draw this conclusion

27 Sep 12:30
 
26 Jul 12:30
 
27 Jun 12:30
 
26 Apr 12:30
 
27 Feb 13:30
 
22 Dec 13:30
 

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

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