What to trade around France Unemployment Rate news event

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Rate events in France, we expect USDJPY to trend downwards right now. Based on these past events there is a 85.71% chance of this. We expect USDJPY to trend downwards for the next 2 hours because the released value is < 9.1%. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

20 Nov 06:30

15 Feb 06:30

18 May 06:30

18 Aug 06:30

19 May 06:30

03 Mar 06:30

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

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