Based on past Japan Tankan Large Manufacturers Index news events there is a 83.33% chance of USDCAD trending upwards. A price movement of 30 could occur if the released value is < 13. Historical events that allowed us to draw this conclusion
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30 Jun 23:50 |
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12 Dec 23:50 |
30 Jun 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).