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There is a 66.67% chance of ZB trending downwards

Based on the last 12 Ivey PMI s.a events in Canada, we may expect ZB to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because because the released value is > 55. A price movement of 168 pips may be experienced.

Historical events that allowed us to draw this conclusion

06 Dec 15:00
07 Sep 14:00
06 Apr 14:00
06 Feb 15:00

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

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