Based on the last 12 Durable Goods Orders MoM events in United States, we could see a $1060 movement on EURUSD within the next 12 hours. EURUSD could trend downwards for the next 12 hours because the released value is > 1.1%
Historical events that allowed us to draw this conclusion
22 Dec 13:30 |
27 Sep 12:30 |
27 Jul 12:30 |
27 Jun 12:30 |
26 May 12:30 |
26 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
