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Trade with an edge around todays US Durable Goods Orders MoM news event

Trade with an edge around todays US Durable Goods Orders MoM news event

Based on past US Durable Goods Orders MoM news events there is a 83.3% of USDCHF trending up
We expect this to happen if the released value is > 0.4%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

02 Apr 12:30
 
25 Oct 12:30
 
27 Sep 12:30
 
27 Jun 12:30
 
26 Apr 12:30
 

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

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