We expect a $772 movement on USDCAD within the next 4 hours.

We expect a $772 movement on USDCAD within the next 4 hours. We expect USDCAD to trend downwards 4 hours following the Inflation Rate YoY events in United States release because the released value is < 3.1%. A price movement of 104 pips is expected. Historical events that allowed us to draw this conclusion

13 Jun 12:30

12 Apr 12:30

13 Dec 13:30

10 Nov 13:30

10 Aug 12:30

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