Based on past Canada Employment Change news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen if the released value is < 12.5K. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion
05 Jul 12:30 |
07 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
