We expect a $830 movement on EURUSD within 12 hours following the release of Adp Employment Change at 2023-02-01 13:15. We expect EURUSD to trend upwards 12 hours following the event release at 2023-02-01 13:15 if the released value is < 178K. A price movement of 83 pips is expected. Historical events that allowed us to draw this conclusion
30 Nov 13:15 |
02 Jun 12:15 |
04 May 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
