Trade with an edge around todays United States Adp Employment Change news event

Based on past United States Adp Employment Change news events there is a 75% chance of USDCAD trending upwards. We expect this to happen because the released value is < 395K. A price movement of 22 pips may be on the cards. Historical events that allowed us to draw this conclusion

03 Feb 00:15
01 Sep 22:15
04 Aug 22:15

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