Based on the last 12 Westpac Consumer Confidence Index events in Australia, USDCAD may trend downwards for the next 4 hours. Based on these past events there is a 77.78% chance of this. This may happen because the released value is < 90 Historical events that allowed us to draw this conclusion
11 May 00:30 |
08 Mar 23:30 |
08 Feb 23:30 |
18 Jan 23:30 |
14 Dec 23:30 |
13 Oct 00:30 |
09 Jun 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
