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CRD – a possible trend upwards with a 75% chance.

Based on the last 12 Unemployment Rate events in Euro Area, CRD could experience an upwards trend. Based on these past events there is a 75% chance of this, and the trend could last 48 hours because the released value is < 6.8%. Historical events that allowed us to draw this conclusion

03 Mar 10:00
01 Feb 10:00
01 Jul 09:00

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

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A possible $270 movement on EURUSD within the next 48 hours.

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