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There is a 80% chance of AC trending downwards

Based on past Euro Area Unemployment Rate news events there is a 80% chance of AC trending downwards. We expect this to happen if the released value is = 7.4%. A price movement of 10 pips is expected.

Historical events that allowed us to draw this conclusion

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

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We expect ES to trend upwards right now.

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BTCEUR moves lower to 8,009.68 in the last 19 days.

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