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We expect EURUSD to trend downwards today.

We expect a $1240 movement on EURUSD within 48 hours following the release of Inflation Rate YoY Prel at 2025-02-28 07:45. We expect EURUSD to trend downwards 48 hours following the event release at 2025-02-28 07:45 if the released value is < 1%. A price movement of 124 pips is expected. Historical events that allowed us to draw this conclusion

31 Jan 07:45
07 Jan 07:45
29 Nov 07:45
27 Sep 06:45
31 Jul 06:45
29 Mar 07:45

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

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GBPCHF is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.

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We expect YM to trend downwards for the next 48 hours.

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