Based on the last 12 Adp Employment Change events in United States, we expect USDCAD to trend downwards. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend downwards for 2 hours because the released value is > 388K. A price movement of 22 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jan 13:15 |
03 Nov 12:15 |
06 Oct 12:15 |
30 Jun 12:15 |