What to trade around France Unemployment Rate news event

La performance passata non è un indicatore delle performance future.
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 Maggio 06:30
18 Aug 06:30
19 Maggio 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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