Based on the last 12 Adp Employment Change events in United States, we expect USDCAD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 05 Feb 13:15 if the released value is > 156K. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

08 Jan 13:15

31 Jul 12:15

01 May 12:15

30 Jan 13:15