Based on the last 12 Unemployment Rate events in Euro Area, we could see a $270 movement on EURUSD within the next 48 hours. We may see EURUSD trend upwards for 48 hours because the released value is < 6.8% Historical events that allowed us to draw this conclusion
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”).
