United States Non Farm Payrolls News Event – a possible $441.7 movement on USDCAD

Based on the last 12 Non Farm Payrolls events in United States, we expect a $441.7 movement on USDCAD within 2 hours following the event release at 08 Jan 13:30. We expect USDCAD to trend upwards 2 hours following the event release at 08 Jan 13:30 if the released value is > 71K

Historical events that allowed us to draw this conclusion

07 Aug 12:30
02 Jul 12:30
05 Jun 12:30
08 May 12:30
06 Mar 13:30
07 Feb 13:30