Based on the last 12 Unemployment Rate events in United Kingdom, we expect a $180 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is < 4% Historical events that allowed us to draw this conclusion
18 Jan 07:00 |
16 Nov 07:00 |
17 Aug 06:00 |
23 Mar 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
