USDCAD will trend downwards from 05 Apr 13:30

Past performance is not an indicator of future results.
We expect USDCAD to trend downwards later today. Based on these past United States Unemployment Rate news events there is a 75% chance of this. We expect this to happen if the released value is < 3.8%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

08 Mar 13:30
01 Jun 13:30
04 May 13:30

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

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