United Kingdom Balance of Trade News Event – a $370 opportunity on EURUSD
We expect a $370 movement on EURUSD within 4 hours following the release of Balance of Trade at 10 Dec 18:00. We expect EURUSD to trend upwards 4 hours following the event release at 10 Dec 18:00 if the released value is < £0.5B. A price movement of 37 pips is expected.Historical events that allowed us to draw this conclusion11…