We could see a $2,170 movement on EURUSD within the next 48 hours. EURUSD could trend downwards 48 hours following the Balance of Trade events in Japan release because the released value is < ¥-2022.6B. We may experience a price movement of 217 pips. Historical events that allowed us to draw this conclusion
16 Feb 23:50 |
15 Dec 23:50 |
19 Oct 23:50 |
15 Sep 23:50 |
20 Jul 23:50 |
15 Jun 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
