Based on the last 12 Unemployment Rate events in Japan, we expect USDCAD to trend upwards for the next 12 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < 2.7% Historical events that allowed us to draw this conclusion

31 Jan 10:30	01 Oct 09:30
30 Aug 09:30	30 Jul 09:30

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