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On Event

EURUSD may trend downwards right now

We expect a $210 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards 2 hours following the Ifo Business Climate events in Germany release because the released value is < 87.8. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

24 Nov 09:00
25 Jul 08:00
26 Jun 08:00
24 May 08:00
22 Feb 09:00