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 conclusion

11 Sep 16:00	09 Apr 16:00
10 Dec 20:30

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