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There is a 75% chance of S trending upwards

Based on past United States Adp Employment Change news events there is a 75% chance of S trending upwards. We expect this to happen because the released value is < 613K. A price movement of 6,087 pips is expected. Historical events that allowed us to draw this conclusion

04 Aug 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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