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27 pip movement on EURUSD expected

Based on past Germany Balance of Trade news events there is a 77.78% chance of EURUSD trending downwards. We expect this to happen because the released value is > €17.9B. A price movement of 27 pips is expected.

Historical events that allowed us to draw this conclusion

04 Dec 07:00
03 Nov 07:00
05 Oct 06:00
03 Aug 06:00
05 Jun 06:00
04 May 06:00
02 Feb 07:00