We expect a $452 movement on KC within the next 4 hours. We expect KC to trend upwards 4 hours following the Balance of Trade events in Australia release because the released value is < A$11.5B. A price movement of 242 pips is expected. Historical events that allowed us to draw this conclusion
05 Feb 00:30 |
07 Dec 00:30 |
02 Nov 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
