Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we could see a $180 movement on EURUSD within the next 4 hours. We may see EURUSD trend downwards for 4 hours because the released value is > 0.3%
Historical events that allowed us to draw this conclusion
28 Jul 05:30 |
31 Jan 06:30 |
29 Jul 05:30 |
28 Jan 06:30 |
29 Oct 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
