United States Unemployment Rate News Event – a $137.036 opportunity on USDCAD

Past performance is not an indicator of future results.
We expect a $137.036 movement on USDCAD within the next 4 hours. We expect USDCAD to trend downwards 4 hours following the Unemployment Rate events in United States release because the released value is > 3.9%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

04 Jan 13:30
06 Jul 13:30
06 Apr 13:30
09 Mar 13:30

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

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