Germany Markit Manufacturing PMI Flash News Event – a possible $390 movement on EURUSD

La performance passata non è un indicatore delle performance future.
Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $390 movement on EURUSD within the next 12 ore. We expect EURUSD to trend downwards for 12 hours because the released value is < 48

Historical events that allowed us to draw this conclusion

21 Feb 08:30
24 Jan 08:30
14 Dec 08:30
23 Nov 08:30
24 Oct 08:30
21 Sep 08:30
23 Aug 08:30
23 Maggio 08:30
22 Mar 08:30

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

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