Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 7 pip movement on AC within 12 hours following the event release at 28 May 12:30 UTC. We expect AC to trend downwards 12 hours following the event release at 28 May 12:30 UTC if the released value is < -19% 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”).
