Based on the last 12 Retail Sales MoM events in United States, we could see USDCAD trend downwards right now. Based on historical events there is a 71.43% chance of this. This may happen because the released value is > 0.2%
Historical events that allowed us to draw this conclusion
17 Jul 12:30 |
15 May 12:30 |
16 Apr 12:30 |
15 Nov 13:30 |
17 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
