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We expect EURUSD to trend downwards today with a 70% chance.

Based on the last 12 Durable Goods Orders ex Tansp MoM events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 70% chance of this. This will happen if the released value is < 0.2% Historical events that allowed us to draw this conclusion

02 Apr 12:30
21 Feb 13:30
21 Dec 13:30
21 Nov 13:30
25 Oct 12:30
27 Sep 12:30
26 Jul 12:30

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

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There is a 71.43% chance of GBPUSD trending upwards

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EUR/USD Target Level: 1.1175

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