16 pip movement on EURUSD expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 16 pip movement on EURUSD within 2 hours following the event release at 22 Jul 12:30 UTC. We expect EURUSD to trend upwards 2 hours following the event release at 22 Jul 12:30 UTC if the released value is < 3100K Historical events that allowed us to draw this conclusion

15 Jul 12:30
10 Jun 12:30
27 May 12:30