We expect a $270 movement on EURUSD within the next 4 hours.

We expect a $270 movement on EURUSD within the next 4 hours. We expect EURUSD to trend upwards 4 hours following the Inflation Rate YoY Prel events in France release because the released value is < 1.0%. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion

28 Feb 07:45

27 Sep 06:45

31 Jul 06:45

28 Jun 06:45

31 May 06:45

29 Mar 07:45

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