We expect a $68.232 movement on BZ within 4 hours following the release of Industrial Production YoY at 15 Jan 10:00. We expect BZ to trend upwards 4 hours following the event release at 15 Jan 10:00 if the released value is > -1.1%. A price movement of 106 pips is expected.
Historical events that allowed us to draw this conclusion
13 Nov 10:00 |
13 Jun 09:00 |
14 May 09:00 |
12 Apr 09:00 |
13 Mar 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
