We expect a $631.616 movement on USDCAD within the next 12 hours. We expect USDCAD to trend downwards 12 hours following the Unemployment Change events in Germany release because the released value is < -6K. A price movement of 80 pips is expected. Historical events that allowed us to draw this conclusion

04 Jan 19:55	30 Nov 19:55
29 Jul 17:55	31 Mar 18:55
29 Jan 19:55	05 Jan 19:55

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