We expect a $190 movement on EURUSD within the next 4 hours. We expect EURUSD to trend upwards 4 hours following the Ifo Business Climate events in Germany release because the released value is < 85.8. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion
17 Dec 09:00 |
25 Nov 09:00 |
24 Jun 08:00 |
27 May 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
