We expect EURUSD to trend downwards for the next 2 hours. Based on these past Germany Balance of Trade news events there is a 90% chance of this. We expect this to happen because the released value is > €21.5B. A price movement of 27 pips is expected.
Historical events that allowed us to draw this conclusion
05 Feb 07:00 |
08 Jan 07:00 |
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 |
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