Based on the last 12 Michigan Consumer Sentiment Prel events in United States, USDCAD could experience an downwards trend. Based on these past events there is a 80% chance of this, and the trend could last 12 hours because the released value is < 63.7. Historical events that allowed us to draw this conclusion
13 Oct 14:00 |
15 Sep 14:00 |
17 Mar 14:00 |
11 Nov 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
