We expect a $0 movement on 6A within the next 2 hours. We expect 6A to trend downwards 2 hours following the Ifo Business Climate events in Germany release because the released value is > 90.5. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
24 Nov 09:00 |
25 Aug 08:00 |
27 Jul 08:00 |
24 Jun 08:00 |
24 Feb 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
