Based on the last 12 Unemployment Rate events in Japan, we expect USDCAD to trend downwards for the next 4 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < 3% Historical events that allowed us to draw this conclusion

30 Oct 10:30	01 Sep 09:30
29 May 09:30	31 Jan 10:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).