Japan Balance of Trade News Event – a $570 opportunity on EURUSD

Past performance is not an indicator of future results.
We expect a $570 movement on EURUSD within the next 48 hours. We expect EURUSD to trend upwards 48 hours following the Balance of Trade events in Japan release because the released value is > ¥310.2B. A price movement of 57 pips is expected.

Historical events that allowed us to draw this conclusion

18 Oct 00:50
19 Sep 00:50
19 Jul 00:50
21 May 00:50

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