Based on the last 12 Unemployment Rate events in Canada, we could see a $330 movement on EURUSD within the next 12 hours. EURUSD could trend upwards for the next 12 hours because the released value is < 6.2% Historical events that allowed us to draw this conclusion
09 Feb 13:30 |
05 Jan 13:30 |
06 Oct 12:30 |
08 Sep 12:30 |
05 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
