EURUSD may trend upwards from 30 Oct 10:30

We expect EURUSD to trend upwards later today. Based on these past Japan Unemployment Rate news events there is a 80% chance of this. We expect this to happen if the released value is < 3.1%. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

01 Sep 09:30
31 Jul 09:30
29 May 09:30
27 Dec 10:30

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