We expect a $118.196 movement on USDCAD within 2 hours following the release of Unemployment Rate at 17 Feb 11:30. We expect USDCAD to trend upwards 2 hours following the event release at 17 Feb 11:30 if the released value is < 4.2%. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion

20 Jan 11:30	16 Dec 11:30
16 Sep 11:30	19 Aug 11:30
15 Jul 11:30	20 May 11:30
15 Apr 11:30	18 Feb 11:30

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