18 pip movement on USDCAD expected

Based on the last 12 Adp Employment Change events in United States, we expect a 18 pip movement on USDCAD for the next 2 hours. We expect USDCAD to trend downwards for 2 hours because the released value is > 428K

Historical events that allowed us to draw this conclusion

30 Jun 12:15
03 Feb 13:15
30 Sep 12:15