Euro Area Unemployment Rate News Event – a possible $120 movement on EURUSD

Based on the last 12 Unemployment Rate events in Euro Area, we expect a $120 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is < 8.5% Historical events that allowed us to draw this conclusion

02 Jul 09:00
03 Jun 09:00
30 Apr 09:00
01 Apr 09:00