We expect a $187 movement on USDCAD within the next 2 hours. We expect USDCAD to trend upwards 2 hours following the Unemployment Rate events in United Kingdom release because the released value is = 3.8%. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

16 Aug 16:00	12 Apr 16:00
14 Dec 18:00	14 Sep 16:00

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