Based on the last 12 Ifo Business Climate events in Germany, we may expect RTY to trend upwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because because the released value is < 86.7. A price movement of 334 pips may be experienced. Historical events that allowed us to draw this conclusion
25 Jul 08:00 |
26 Jun 08:00 |
24 May 08:00 |
24 Apr 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
