Trade with an edge around todays United States Non Farm Payrolls news event

Past performance is not an indicator of future results.
Based on past United States Non Farm Payrolls news events there is a 80% chance of USDCAD trending downwards. We expect this to happen because the released value is < 180K. A price movement of 27 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 13:30
03 Aug 13:30
04 May 13:30
06 Apr 13:30

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

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