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We could see a 11,037 pip movement on NQ within 4 hours following this event release.

Based on the last 12 Unemployment Rate events in Euro Area, we may see a 11,037 pip movement on NQ within 4 hours following the event release at 30 Jun 09:00 UTC. NQ may trend upwards 4 hours following the event release at 30 Jun 09:00 UTC if the released value is < 6.8% Historical events that allowed us to draw this conclusion

03 Mar 10:00
01 Feb 10:00
30 Jul 09:00

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

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