United States Adp Employment Change News Event – a possible $480 movement on EURUSD

Based on the last 12 Adp Employment Change events in United States, we expect a $480 movement on EURUSD within 12 hours following the event release at 30 Jun 22:15. We expect EURUSD to trend upwards 12 hours following the event release at 30 Jun 22:15 if the released value is < 600K Historical events that allowed us to draw this conclusion

05 May 22:15
04 Mar 00:15
03 Dec 00:15
05 Nov 00:15
05 Aug 22:15
01 Jul 22:15

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