United States Adp Employment Change News Event – a possible $1,352.502 movement on USDCAD

Based on the last 12 Adp Employment Change events in United States, we expect a $1,352.502 movement on USDCAD within 48 hours following the event release at 05 May 22:15. We expect USDCAD to trend downwards 48 hours following the event release at 05 May 22:15 if the released value is < 800K Historical events that allowed us to draw this conclusion

31 Mar 23:15
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”).