Based on the last 12 Unemployment Rate events in DE, we expect a $110 movement on EURUSD within the next 2 hours.
We expect EURUSD to trend up for 2 hours because the released value is = 5.1%
Historical events that allowed us to draw this conclusion
31 Jul 07:55 |
29 Jun 07:55 |
27 Apr 07:55 |
29 Mar 07:55 |
28 Feb 08:55 |
02 Nov 08:55 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
