Based on the last 12 Unemployment Rate events in EMU, we expect a $80 movement on EURUSD within 4 hours following the event release at 31 Oct 10:00.
We expect EURUSD to trend up 4 hours following the event release at 31 Oct 10:00 if the released value is = 8.1%
Historical events that allowed us to draw this conclusion
01 Oct 09:00 |
31 Jul 09:00 |
02 May 09:00 |
04 Apr 09:00 |
01 Mar 10:00 |
31 Jan 10:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
