DE Unemployment Rate News Event – a possible $110 movement on EURUSD

Based on the last 12 Unemployment Rate events in DE, we expect a $110 movement on EURUSD within the next 2 hours.
We expect EURUSD to trend up for 2 hours because the released value is = 5.1%

Historical events that allowed us to draw this conclusion

31 Jul 07:55
 
29 Jun 07:55
 
27 Apr 07:55
 
29 Mar 07:55
 
28 Feb 08:55
 
02 Nov 08:55
 

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

leave a reply