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We expect BR to trend upwards with a 66.67% chance.

Based on the last 12 Ivey PMI s.a events in Canada, we expect BR to trend upwards. Based on these past events there is a 66.67% chance of this. We expect BR to trend upwards for 2 hours because the released value is > 53.6. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

07 Feb 15:00
05 Dec 15:00
07 May 14:00
04 Apr 14:00

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

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