Based on the last 12 Adp Employment Change events in United States, we expect a 47 pip movement on EURUSD for the next 12 hours. We expect EURUSD to trend upwards for 12 hours because the released value is > 650K

Historical events that allowed us to draw this conclusion

03 Jun 22:15	01 Apr 23:15
05 Mar 00:15	30 Oct 23:15

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