64 pip movement on EURUSD expected

Based on the last 12 Non Farm Payrolls events in United States, we expect a 64 pip movement on EURUSD for the next 48 hours. We expect EURUSD to trend downwards for 48 hours because the released value is > 870K

Historical events that allowed us to draw this conclusion

06 Mar 00:30
07 Nov 00:30
07 Aug 22:30

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