80% probability that USDCAD will trend upwards right now

Past performance is not an indicator of future results.
Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect USDCAD to trend upwards for the next 4 hours. Based on these past events there is a 80% chance of this. This will happen because the released value is < 97.0

Historical events that allowed us to draw this conclusion

12 Oct 15:00

17 Aug 15:00

13 Apr 15:00

19 Jan 15:00

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

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