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We expect PA to trend upwards for the next 12 hours.

We expect PA to trend upwards for the next 12 hours. Based on these past Germany Balance of Trade news events there is a 81.82% chance of this. We expect this to happen because the released value is > €18.2B. A price movement of 4,275 pips is expected.

Historical events that allowed us to draw this conclusion

09 Mar 07:00
07 Feb 07:00
09 Dec 07:00
10 Oct 06:00
09 Sep 06:00
09 Aug 06:00
07 Jun 06:00
10 May 06:00
08 Apr 06:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $89,334.675 movement on PA within 12 hours following the event release at 09 Apr 06:00.

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Important price line being approached by BCHGBP. This price has been tested numerous times before.

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