We expect a $351.82 movement on HE within 48 hours following the release of Consumer Confidence at 01 Jul 05:00. We expect HE to trend downwards 48 hours following the event release at 01 Jul 05:00 if the released value is < 30. A price movement of 718 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
