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80.0% probability that USDCAD will trend down

80.0% probability that USDCAD will trend down

Based on the last 12 Employment Change events in AU, we expect USDCAD to trend down later today. Based on these past events there is a 80.0% of this.
This will happen if the released value is < 15K Historical events that allowed us to draw this conclusion

16 Aug 01:30
 
14 Jun 01:30
 
19 Apr 01:30
 
16 Nov 00:30
 

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

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