We expect a $440 movement on EURUSD within the next 48 hours. We expect EURUSD to trend upwards 48 hours following the GDP Growth Rate QoQ Final events in United States release because the released value is > 3.2%. A price movement of 44 pips is expected.
Historical events that allowed us to draw this conclusion
29 Jun 12:30 |
22 Dec 13:30 |
22 Dec 13:30 |
30 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
