Based on the last 12 Unemployment Rate events in Canada, we expect AUDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 12 Mar 00:30 if the released value is < 6.2%. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

04 Dec 00:30	10 Sep 22:30
09 Apr 22:30	13 Mar 00:30

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