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We expect YM to trend upwards for the next 4 hours.

Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect YM to trend upwards for the next 4 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > -1%

Historical events that allowed us to draw this conclusion

30 Oct 10:00
30 Apr 09:00

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

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We expect YM to trend upwards for the next 4 hours.

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We expect a 7 pip movement on SI for the next 12 hours.

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