Based on past United States Adp Employment Change news events there is a 85.71% chance of USDCAD trending upwards. We expect this to happen if the released value is > -9000K. A price movement of 81 pips is expected.

Historical events that allowed us to draw this conclusion

05 Mar 00:15	06 Feb 00:15
09 Jan 00:15	30 Oct 23:15
05 Sep 22:15	31 Jul 22:15

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