Based on the last 12 Durable Goods Orders MoM events in United States, we could see a 133 pip movement on CT for the next 4 hours. CT could trend downwards for 4 hours because the released value is > 1.1%
Historical events that allowed us to draw this conclusion
22 Dec 13:30 |
27 Sep 12:30 |
27 Jul 12:30 |
27 Jun 12:30 |
26 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
