Based on the last 12 Employment Change events in Australia, we expect USDCAD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCAD to trend downwards 2 hours following the event release at 13 Aug 01:30 if the released value is < 40K. A price movement of 37 pips is expected. Historical events that allowed us to draw this conclusion

18 Jun 01:30

14 May 01:30

14 Nov 00:30

17 Oct 00:30