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We expect a 40 pip movement on USDCAD for the next 12 hours.

Based on past Japan Inflation Rate YoY news events there is a 80% chance of USDCAD trending upwards. We expect this to happen because the released value is > 2.5%. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

23 Feb 23:30
17 Nov 23:30
19 Sep 23:30
18 Aug 23:30

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

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D’après les évènements Japon Taux D'Inflation (Annuel) passés, il y a une probabilité de 80% que USDCAD aille à la hausse

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