Based on the last 12 GDP Growth Rate QoQ Adv events in United States, we could see a $480 movement on EURUSD within the next 4 hours. We may see EURUSD trend upwards for 4 hours because the released value is < 2.6% Historical events that allowed us to draw this conclusion
30 Oct 12:30 |
25 Apr 12:30 |
28 Jul 12:30 |
28 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).