Want to know why EURUSD is going up today?

Want to know why EURUSD is going up today?

Based on the last 12 Unemployment Rate events in EMU, we expect a $80 movement on EURUSD within 4 hours following the event release at 31 Oct 10:00.
We expect EURUSD to trend up 4 hours following the event release at 31 Oct 10:00 if the released value is = 8.1%

Historical events that allowed us to draw this conclusion

01 Oct 09:00
 
31 Jul 09:00
 
02 May 09:00
 
04 Apr 09:00
 
01 Mar 10:00
 
31 Jan 10:00
 

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

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