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Based on the last 12 Balance of Trade events in Germany, we expect a $170 movement on EURUSD within 2 hours following the event release at 2023-01-05 07:00. We expect EURUSD to trend upwards 2 hours following the event release at 2023-01-05 07:00 if the released value is > €4.5B
Historical events that allowed us to draw this conclusion
02 Nov 07:00 |
03 Aug 06:00 |
04 May 06:00 |
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