Based on the last 12 Retail Sales MoM events in United States, USDCAD may trend downwards for the next 12 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 0.4%
Historical events that allowed us to draw this conclusion
14 Dec 13:30 |
17 Oct 12:30 |
14 Sep 12:30 |
15 Jun 12:30 |
15 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
