What to trade around Germany Balance of Trade news event
Based on the last 12 Balance of Trade events in Germany, we expect EURUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend downwards 4 hours following the event release at 07 May 16:00 if the released value is > €17.6B. A price movement of 25 pips…
