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We expect PL to trend upwards today with a 75% chance.

We expect a $29134 movement on PL within 48 hours following the release of Durable Goods Orders MoM at 2023-11-22 13:30. We expect PL to trend upwards 48 hours following the event release at 2023-11-22 13:30 if the released value is < -3.1%. A price movement of 3445 pips is expected. Historical events that allowed us to draw this conclusion

24 Aug 12:30
27 Feb 13:30
23 Dec 13:30

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

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