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There is a 71.43% chance of EURUSD trending downwards

Based on past Japan Unemployment Rate news events there is a 71.43% chance of EURUSD trending downwards. We expect this to happen because the released value is < 2.6%. A price movement of 11 pips may be on the cards. Historical events that allowed us to draw this conclusion

28 Mar 23:30
31 Jan 23:30
30 Sep 23:30
30 Aug 23:30
29 Jul 23:30

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

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