Based on past Canada Ivey PMI s.a news events there is a 80% chance of EURUSD trending upwards. We expect this to happen if the released value is < 65. A price movement of 48 pips is expected.Historical events that allowed us to draw this conclusion
|07 May 14:00|
|07 Jan 15:00|
|07 Oct 14:00|
|04 Sep 14:00|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).