We expect a $230 movement on EURUSD within 4 hours following the release of Ivey PMI s.a at 08 Aug 00:00. We expect EURUSD to trend upwards 4 hours following the event release at 08 Aug 00:00 if the released value is > 57.5. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

08 Jul 00:00

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