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 66.67% chance of this. We expect USDCAD to trend upwards 12 hours following the event release at 05 Mar 00:15 if the released value is < 170K. A price movement of 82 pips is expected. Historical events that allowed us to draw this conclusion

02 Oct 22:15	05 Jun 22:15
03 Apr 23:15	07 Mar 00:15

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