We expect a $92.15 movement on USDCAD within the next 4 hours.
We expect USDCAD to trend down 4 hours following the Unemployment Rate events in AU release because the released value is < 5.3%. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
16 Aug 01:30 |
14 Jun 01:30 |
16 Nov 00:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
