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We expect CC to trend upwards right now.

Based on the last 12 Ivey PMI s.a events in Canada, we could see a 4350 pip movement on CC for the next 4 hours. CC could trend upwards for 4 hours because the released value is < 54 Historical events that allowed us to draw this conclusion

04 Aug 14:00
07 Jul 14:00
04 May 14:00
06 Mar 15:00
06 Jan 15:00
04 Nov 14:00

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

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