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Based on past Japan Balance of Trade news events there is a 75% chance of EURUSD trending downwards. We expect this to happen because the released value is > ¥-1380B. A price movement of 10 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jul 23:50 |
20 Mar 23:50 |
23 Jan 23:50 |
19 Dec 23:50 |
15 Nov 23:50 |
18 Oct 23:50 |
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