11 pip movement on EURUSD expected

Based on the last 12 Ivey PMI s.a events in Canada, we expect a 11 pip movement on EURUSD within 12 hours following the event release at 07 Nov 15:00 GMT.
We expect EURUSD to trend upwards 12 hours following the event release at 07 Nov 15:00 GMT if the released value is < 50.9

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