We expect a $380 movement on EURUSD within 2 hours following the release of Non Farm Payrolls at 04 Feb 13:30. We expect EURUSD to trend downwards 2 hours following the event release at 04 Feb 13:30 if the released value is > 150K. A price movement of 38 pips is expected.

Historical events that allowed us to draw this conclusion

05 Nov 12:30

06 Aug 12:30

02 Apr 12:30

05 Mar 13:30