We expect a $746 movement on USDCAD within the next 48 hours. We expect USDCAD to trend downwards 48 hours following the Non Farm Payrolls events in United States release because the released value is < 268K. A price movement of 97 pips is expected. Historical events that allowed us to draw this conclusion

01 Apr 23:30	08 Jan 00:30
04 Dec 00:30	08 Oct 23:30

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