Based on the last 12 Unemployment Rate events in EMU, we expect EURUSD to trend up for the next 4 hours. Based on these past events there is a 75.0% of this.
This will happen because 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”)
