Based on the last 12 Unemployment Rate events in Euro Area, we expect EURUSD to trend upwards for the next 12 hours. Based on these past events there is a 80% chance of this. This will happen because the released value is < 7.5% Historical events that allowed us to draw this conclusion
04 Jun 09:00 |
30 Apr 09:00 |
01 Mar 10:00 |
09 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
