What to trade around Japan Unemployment Rate news event

La performance passata non è un indicatore delle performance future.
Based on the last 12 Unemployment Rate events in Japan, we expect EURUSD to trend downwards right now. Based on these past events there is a 75% chance of this. We expect EURUSD to trend downwards for the next 48 hours because the released value is > 2.4%. A price movement of 44 pips is expected.

Historical events that allowed us to draw this conclusion

29 Nov 23:30
31 Aug 00:30
31 Jul 00:30

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

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