Canada Employment Change News Event – a possible $534.061 movement on USDCHF

Based on the last 12 Employment Change events in Canada, we expect a $534.061 movement on USDCHF within 48 hours following the event release at 10 Sep 22:30. We expect USDCHF to trend downwards 48 hours following the event release at 10 Sep 22:30 if the released value is > 100K

Historical events that allowed us to draw this conclusion

09 Apr 22:30
13 Mar 00:30
05 Dec 00:30
09 Oct 23:30

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