Based on the last 12 Adp Employment Change events in United States, we expect a $690 movement on EURUSD within the next 48 hours. We expect EURUSD to trend downwards for the next 48 hours because the released value is > 170K

Historical events that allowed us to draw this conclusion

06 Feb 00:15	09 Jan 00:15
05 Sep 22:15	31 Jul 22:15
01 May 22:15

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