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We expect a $1060 movement on EURUSD within the next 12 hours.

Based on the last 12 Durable Goods Orders MoM events in United States, we could see a $1060 movement on EURUSD within the next 12 hours. EURUSD could trend downwards for the next 12 hours because the released value is > 1.1%

Historical events that allowed us to draw this conclusion

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

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

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We expect CT to trend downwards right now.

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