Based on past United States Non Farm Payrolls news events there is a 80% chance of EURUSD trending downwards. We expect this to happen because the released value is > 700K. A price movement of 62 pips is expected.

Historical events that allowed us to draw this conclusion

02 Apr 23:30	06 Mar 00:30
07 Aug 22:30	02 Jul 22:30

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