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We expect BO to trend upwards right now.

Based on the last 12 Adp Employment Change events in United States, we expect BO to trend upwards right now. Based on these past events there is a 75% chance of this. We expect BO to trend upwards for the next 48 hours because the released value is < 695K. A price movement of 316 pips is expected. Historical events that allowed us to draw this conclusion

05 May 12:15
31 Mar 12:15
03 Mar 13:15
02 Dec 13:15
04 Nov 13:15
02 Sep 12:15

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

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