We could see a $1,212.401 movement on USDCAD within the next 48 hours. USDCAD could trend upwards 48 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = -0.1%. We may experience a price movement of 157 pips.
Historical events that allowed us to draw this conclusion
28 Apr 03:00 |
17 Dec 03:00 |
16 Jul 03:00 |
18 Jun 03:00 |
19 Mar 03:00 |
21 Jan 03:00 |
18 Dec 03:45 |
29 Oct 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
