United States Adp Employment Change News Event – a possible $746.424 movement on USDCAD

Based on the last 12 Adp Employment Change events in United States, we expect a $746.424 movement on USDCAD within 48 hours following the event release at 06 May 22:15. We expect USDCAD to trend upwards 48 hours following the event release at 06 May 22:15 if the released value is > -20000K

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
31 Jul 22:15
01 May 22:15

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