Why you should close your USDCAD positions today

Be very careful of upcoming volatility because of United States Continuing Jobless Claims news event later today. Based on the last 12 Continuing Jobless Claims events in United States, we expect a $219.208 movement on USDCAD within 4 hours following the event release at 15 Nov 15:30. We expect this to happen if the released value is < 1630K. A price movement of 29 pips is expected.