Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $370.925 movement on USDCAD within the next 12 hours. We expect USDCAD to trend upwards for the next 12 hours because the released value is > 54
Historical events that allowed us to draw this conclusion
05 Jun 14:00 |
05 Mar 15:00 |
05 Nov 15:00 |
03 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
