We expect a $2,568.562 movement on ZW within the next 2 hours. We expect ZW to trend downwards 2 hours following the Consumer Confidence Flash events in Euro Area release because the released value is > -7. A price movement of 525 pips is expected.
Historical events that allowed us to draw this conclusion
23 Jul 14:00 |
21 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
