Based on the last 12 Unemployment Rate events in Euro Area, we expect a 20 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend upwards for 2 hours because the released value is < 7.9% Historical events that allowed us to draw this conclusion

01 Jul 09:00

04 Mar 10:00

08 Jan 10:00

01 Sep 09:00