Based on past CA Employment Change news events there is a 71.4% of USDCAD trending down
We expect this to happen if the released value is > 10K. A price movement of 42 pips is expected.
Historical events that allowed us to draw this conclusion
06 Jul 12:30 |
06 Apr 12:30 |
05 Jan 13:30 |
01 Dec 13:30 |
03 Nov 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
