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We expect EURUSD to trend upwards right now.

Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect EURUSD to trend upwards right now. Based on these past events there is a 75% chance of this. This will happen because the released value is = -0.1%

Historical events that allowed us to draw this conclusion

15 May 06:00
14 Aug 06:00
14 Nov 07:00

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

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