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We expect YM to trend downwards right now.

We expect a $34706112 movement on YM within the next 12 hours. We expect YM to trend downwards 12 hours following the Balance of Trade events in Germany release because the released value is < €20.2B. A price movement of 816 pips is expected. Historical events that allowed us to draw this conclusion

10 Mar 07:00
13 Dec 07:00
07 Nov 07:00
06 Sep 06:00
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”).

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