Based on the last 12 Unemployment Rate events in Japan, we expect a $220 movement on EURUSD within 4 hours following the event release at 30 Apr 09:30. We expect EURUSD to trend upwards 4 hours following the event release at 30 Apr 09:30 if the released value is = 2.9%

Historical events that allowed us to draw this conclusion

01 Dec 10:30

28 Apr 09:30

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