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We expect a $193,231 movement on CC within 12 hours following the release of Balance of Trade.

We expect a $193,231 movement on CC within 12 hours following the release of Balance of Trade at 04 Mar 00:30. We expect CC to trend downwards 12 hours following the event release at 04 Mar 00:30 if the released value is < A$6.5B. A price movement of 7,300 pips is expected. Historical events that allowed us to draw this conclusion

06 Oct 00:30
03 Sep 01:30
04 Aug 01:30
02 Jul 01:30

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

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3m Co. is approaching the support line of a Support. It has touched this line numerous times in the last 27 days.

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We expect PL to trend upwards for the next 12 hours.

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