Based on past US Non Farm Payrolls news events there is a 83.3% of USDCAD trending down
We expect this to happen if the released value is < 190K. A price movement of 29 pips is expected.
Historical events that allowed us to draw this conclusion
03 Aug 12:30 |
04 May 12:30 |
06 Apr 12:30 |
05 Jan 13:30 |
03 Nov 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
