15 pip movement on EURUSD expected

Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 15 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend upwards for 2 hours because the released value is > 7%

Historical events that allowed us to draw this conclusion

25 Jun 22:30
28 May 22:30
28 Feb 00:30
27 Sep 22:30
26 Aug 22:30
25 Jul 22:30

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