Based on the last 12 Adp Employment Change events in United States, we expect a 600 pip movement on OJ for the next 48 hours. We expect OJ to trend upwards for 48 hours because the released value is < 650K Historical events that allowed us to draw this conclusion
02 Sep 12:15 |
05 Aug 12:15 |
01 Jul 12:15 |
06 May 12:15 |
04 Dec 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
