Based on the last 12 Michigan Consumer Sentiment Prel events in United States, USDCAD could experience an upwards trend. Based on these past events there is a 75% chance of this, and the trend could last 12 hours because the released value is < 54.5. Historical events that allowed us to draw this conclusion
07 Feb 15:00 |
10 Jan 15:00 |
11 Oct 14:00 |
12 Jul 14:00 |
10 May 14:00 |
12 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
