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Want to know why USDCAD is going up for the next 2 hours?

Want to know why USDCAD is going up for the next 2 hours?

Based on the last 12 Retail Sales MoM events in AU, we expect a $91.66 movement on USDCAD within the next 2 hours.
We expect USDCAD to trend up for the next 2 hours because the released value is < 0.3% Historical events that allowed us to draw this conclusion

08 May 01:30
 
06 Mar 00:30
 
06 Feb 00:30
 
03 Nov 00:30
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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