We expect a $1,312.977 movement on USDCAD within 48 hours following the release of Adp Employment Change at 04 Mar 00:15. We expect USDCAD to trend downwards 48 hours following the event release at 04 Mar 00:15 if the released value is < 177K. A price movement of 166 pips is expected. Historical events that allowed us to draw this conclusion

07 Jan 00:15	03 Dec 00:15
05 Nov 00:15	01 Jul 22:15
06 May 22:15

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