Based on past Germany Ifo Business Climate news events there is a 80% chance of EURUSD trending upwards. We expect this to happen if the released value is < 89.0. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion
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25 Nov 09:00 |
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25 Jul 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
