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We expect EURUSD to trend downwards today with a 66.67% chance.

We expect EURUSD to trend downwards later today. Based on these past Canada GDP Growth Rate Annualized news events there is a 66.67% chance of this. We expect this to happen if the released value is > 1.2%. A price movement of 48 pips is expected.

Historical events that allowed us to draw this conclusion

30 Aug 12:30
01 Dec 13:30
02 Mar 13:30
30 Nov 13:30

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

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