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We expect a 1115 pip movement on OJ for the next 48 hours.

We expect OJ to trend downwards for the next 48 hours. Based on these past United States Non Farm Payrolls news events there is a 87.5% chance of this. We expect this to happen because the released value is > 250K. A price movement of 1115 pips is expected.

Historical events that allowed us to draw this conclusion

02 Sep 12:30
05 Aug 12:30
08 Jul 12:30
03 Jun 12:30
06 May 12:30
04 Mar 13:30
04 Feb 13:30

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

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