Based on the last 12 Ivey PMI s.a events in Canada, we could see USDJPY trend upwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is > 50.6
Historical events that allowed us to draw this conclusion
04 Oct 14:00 |
07 May 14:00 |
05 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
