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We expect EURUSD to trend downwards right now.

Based on the last 12 Deposit Facilty Rate events in Euro Area, we could see a 116 pip movement on EURUSD for the next 4 hours. EURUSD could trend downwards for 4 hours because the released value is = 4%

Historical events that allowed us to draw this conclusion

25 Jan 13:15
04 May 12:15
02 Feb 13:15
15 Dec 13:15

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

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