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We expect 6C to trend downwards for the next 4 hours.

Based on the last 12 Unemployment Rate events in Germany, we expect 6C to trend downwards for the next 4 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < 6.3% Historical events that allowed us to draw this conclusion

29 Oct 08:55
30 Jul 07:55
01 Jul 07:55
31 Mar 07:55

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

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We expect a 0 pip movement on 6J within 12 hours following the event release.

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Important price line being approached by FRA40. This price has been tested numerous times before.

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