26 pip movement on EURUSD expected

Past performance is not an indicator of future results.
Based on the last 12 Balance of Trade events in Germany, we expect a 26 pip movement on EURUSD for the next 12 hours. We expect EURUSD to trend downwards for 12 hours because the released value is < €15.1B

Historical events that allowed us to draw this conclusion

08 Nov 07:00

09 Oct 07:00

07 Sep 07:00

09 Jul 07:00

08 Feb 07:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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