We expect a $240 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards 2 hours following the Non Farm Payrolls events in United States release because the released value is > 268K. A price movement of 24 pips is expected.
Historical events that allowed us to draw this conclusion
06 May 12:30 |
04 Mar 13:30 |
04 Feb 13:30 |
05 Nov 12:30 |
06 Aug 12:30 |