We expect a $100 movement on EURUSD within the next 12 hours. We expect EURUSD to trend upwards 12 hours following the Employment Change events in Australia release because the released value is < 10K. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion
18 Oct 00:30 |
16 Aug 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
