Based on the last 12 Unemployment Rate events in US, we expect EURUSD to trend down. Based on these past events there is a 75.0% of this.
We expect EURUSD to trend down for 2 hours because the released value is = 3.7%. A price movement of 28 pips is expected.
Historical events that allowed us to draw this conclusion
03 Aug 12:30 |
02 Feb 13:30 |
05 Jan 13:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
