We expect a $420 movement on EURUSD within 2 hours following the release of Inflation Rate YoY Prel at 2023-02-09 07:00. We expect EURUSD to trend downwards 2 hours following the event release at 2023-02-09 07:00 if the released value is < 8.9%. A price movement of 42 pips is expected. Historical events that allowed us to draw this conclusion
29 Nov 13:00 |
29 Jun 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
