Based on the last 12 Adp Employment Change events in United States, we expect a $100 movement on EURUSD within the next 4 hours. We expect EURUSD to trend downwards for 4 hours because the released value is > 149K
Historical events that allowed us to draw this conclusion
31 Jul 12:15 |
30 Jan 13:15 |
31 Oct 12:15 |
03 Oct 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
