Based on the last 12 Non Farm Payrolls events in United States, we could see a 3575 pip movement on PA for the next 4 hours. PA could trend downwards for 4 hours because the released value is > 185K
Historical events that allowed us to draw this conclusion
05 Apr 12:30 |
08 Mar 13:30 |
02 Feb 13:30 |
08 Dec 13:30 |
01 Sep 12:30 |
02 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
