Canada Employment Change News Event – a $620 opportunity on EURUSD

We expect a $620 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards 2 hours following the Employment Change events in Canada release because the released value is > 100K. A price movement of 62 pips is expected.

Historical events that allowed us to draw this conclusion

12 Mar 13:30
04 Dec 13:30
07 Aug 12:30
05 Jun 12:30
08 May 12:30