Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 0 pip movement on 6J within 12 hours following the event release at 25 Mar 12:30 UTC. We expect 6J to trend downwards 12 hours following the event release at 25 Mar 12:30 UTC if the released value is < -0.8% Historical events that allowed us to draw this conclusion
23 Dec 13:30 |
24 Oct 12:30 |
26 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
