Based on the last 12 PPI MoM events in United States, OJ could experience an downwards trend. Based on these past events there is a 83.33% chance of this, and the trend could last 2 hours because the released value is < 0.1%. Historical events that allowed us to draw this conclusion
11 Apr 12:30 |
13 Dec 13:30 |
15 Nov 13:30 |
13 Jul 12:30 |
14 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
