Based on past Euro Area Unemployment Rate news events there is a 80% chance of ES trending downwards. We expect this to happen if the released value is = 7.2%. A price movement of 1,325 pips is expected.
Historical events that allowed us to draw this conclusion
02 Dec 10:00 |
03 Nov 10:00 |
30 Sep 09:00 |
01 Sep 09:00 |