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We expect a 799 pip movement on PL within 4 hours following the event release.

Based on the last 12 Durable Goods Orders ex Tansp MoM events in United States, we expect a 799 pip movement on PL within 4 hours following the event release at 27 Sep 12:30 UTC. We expect PL to trend downwards 4 hours following the event release at 27 Sep 12:30 UTC if the released value is < 0.2% Historical events that allowed us to draw this conclusion

26 Aug 12:30
24 May 12:30
02 Apr 12:30
21 Nov 13:30
25 Oct 12:30
27 Sep 12:30

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

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