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Based on the last 12 Non Farm Payrolls events in United States, we may expect USDCAD to trend downwards right now. Based on these past events there is a 77.78% chance of this. We made this conclusion because because the released value is > 170K. A price movement of 122 pips may be experienced.
Historical events that allowed us to draw this conclusion
05 May 12:30 |
10 Mar 13:30 |
03 Feb 13:30 |
06 Jan 13:30 |
04 Nov 12:30 |
07 Oct 12:30 |
02 Sep 12:30 |
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