Based on past United States Personal Income MoM news events there is a 75% chance of OJ trending downwards. We expect this to happen because the released value is < 0.3%. A price movement of 207 pips is expected. Historical events that allowed us to draw this conclusion
20 Dec 13:30 |
27 Sep 12:30 |
26 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
