Euro Area Unemployment Rate News Event – a possible $7,424.256 movement on GC

Based on the last 12 Unemployment Rate events in Euro Area, we expect a $7,424.256 movement on GC within 2 hours following the event release at 03 Mar 10:00. We expect GC to trend upwards 2 hours following the event release at 03 Mar 10:00 if the released value is = 6.9%

Historical events that allowed us to draw this conclusion

10 Jan 10:00
02 Dec 10:00
03 Nov 10:00
01 Sep 09:00