EURUSD will trend down right now
We expect EURUSD to trend down for the next 2 hours. Based on these past US Unemployment Rate news events there is a 80.0% of this.
We expect this to happen because the released value is = 3.7%. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
|02 Nov 12:30
|03 Aug 12:30
|02 Feb 13:30
|05 Jan 13:30
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)