USDCAD SHORT AHEAD OF CANADA EMPLOYMENT CHANGE

Hello traders, hope you’re all doing well. Looking at SHORTING USDCAD ahead of today’s Canada Employment Change Event in New York Session. I’m anticipating that the print will come out higher than expected.

For reference, the last Employment Change Event was on the 10th of March. The print came out higher than expected and price dropped 60+ pips which is something that might happen later today.

Possible 1:4 Risk/Reward