Based on the last 12 Adp Employment Change events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 3000K

Historical events that allowed us to draw this conclusion

05 Mar 00:15	06 Feb 00:15
09 Jan 00:15	30 Oct 23:15
05 Sep 22:15	31 Jul 22:15

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