Based on past United States Durable Goods Orders MoM news events there is a 80% chance of TN trending downwards. We expect this to happen if the released value is < -4.5%. A price movement of 205 pips is expected. Historical events that allowed us to draw this conclusion
22 Nov 13:30 |
24 Mar 12:30 |
27 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
