We expect a $100 movement on EURUSD within the next 12 hours.

We expect a $100 movement on EURUSD within the next 12 hours. We expect EURUSD to trend upwards 12 hours following the Employment Change events in Australia release because the released value is < 10K. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

18 Oct 00:30

16 Aug 01:30

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