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There is a 83.33% chance of USDCAD trending downwards

Based on past Japan GDP Growth Rate QoQ Prel news events there is a 83.33% chance of USDCAD trending downwards. A price movement of 31 could occur if the released value is < -0.4%. Historical events that allowed us to draw this conclusion

14 Feb 23:50
14 Nov 23:50
17 May 23:50
16 Aug 23:50
16 Feb 23:50

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

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We expect GC to trend downwards today with a 66.67% chance.

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Important price line breached by NAS100. This price has been tested numerous times before.

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