Based on past Germany Balance of Trade news events there is a 71.43% chance of EURUSD trending upwards. We expect this to happen if the released value is < €20.2B. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion
10 Mar 07:00 |
13 Dec 07:00 |
07 Nov 07:00 |
07 Aug 06:00 |
07 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
