65 pip movement on EURUSD expected

Based on the last 12 Unemployment Rate events in Japan, we expect a 65 pip movement on EURUSD within 48 hours following the event release at 02 Oct 09:30 GMT+10. We expect EURUSD to trend upwards 48 hours following the event release at 02 Oct 09:30 GMT+10 if the released value is = 3%

Historical events that allowed us to draw this conclusion

28 Apr 09:30
29 Nov 10:30

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