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We expect a $3.394 movement on DC within the next 4 hours.

We expect a $3.394 movement on DC within the next 4 hours. We expect DC to trend upwards 4 hours following the Employment Change events in Canada release because the released value is > 700K. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

05 Jun 12:30
08 May 12:30
07 Feb 13:30
10 Jan 13:30
11 Oct 12:30
06 Sep 12:30

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

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