Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect USDCAD to trend downwards for the next 48 hours. Based on these past events there is a 66.67% chance of this. This will happen because the released value is > 90.9
Historical events that allowed us to draw this conclusion
17 May 14:00 |
15 Mar 14:00 |
15 Feb 15:00 |
14 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
