Based on the last 12 Unemployment Rate events in Japan, we expect a $130 movement on EURUSD within 12 hours following the event release at 31 Mar 10:30. We expect EURUSD to trend upwards 12 hours following the event release at 31 Mar 10:30 if the released value is = 2.4%

Historical events that allowed us to draw this conclusion

28 Jun 09:30

31 May 09:30

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