United States Fed Interest Rate Decision News Event – a $580 opportunity on EURUSD

We expect a $580 movement on EURUSD within 2 hours following the release of Fed Interest Rate Decision at 29 Jan 19:00. We expect EURUSD to trend downwards 2 hours following the event release at 29 Jan 19:00 if the released value is = 1.75%. A price movement of 58 pips is expected.

Historical events that allowed us to draw this conclusion

18 Sep 18:00
31 Jul 18:00
19 Jun 18:00
01 May 18:00
19 Dec 19:00
08 Nov 19:00
26 Sep 18:00
01 Aug 18:00