46 pip movement on EURUSD expected

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 46 pip movement on EURUSD within 4 hours following the event release at 22 Jul 22:30 GMT+10. We expect EURUSD to trend downwards 4 hours following the event release at 22 Jul 22:30 GMT+10 if the released value is > 3100K

Historical events that allowed us to draw this conclusion

08 Jul 22:30
01 Jul 22:30
17 Jun 22:30
03 Jun 22:30
06 May 22:30
29 Apr 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).