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There is a 88.89% chance of EURUSD trending downwards

Historical events that allowed us to draw this conclusion

23 May 07:30
18 Apr 07:30
22 Mar 08:30
21 Feb 08:30
24 Jan 08:30
14 Dec 08:30
23 Nov 08:30
24 Oct 07:30

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

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After testing resistance twice in the past, AUD/USD has finally broken through. Can we expect a bullish trend to follow?

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Be very careful of upcoming volatility. We expect a $47,911.5 movement on CC.

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