There is a 71.43% chance of BP trending downwards

Based on past Euro Area Unemployment Rate news events there is a 71.43% chance of BP trending downwards. We expect this to happen if the released value is < 8.1%. A price movement of 1 pips is expected.Historical events that allowed us to draw this conclusion

01 Sep 09:00
02 Jul 09:00
30 Apr 09:00
01 Apr 09:00
30 Sep 09:00

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

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