Trade with an edge around todays Canada Ivey PMI s.a news event

La performance passata non è un indicatore delle performance future.
Based on past Canada Ivey PMI s.a news events there is a 71.43% chance of USDCAD trending upwards. We expect this to happen because the released value is < 56. A price movement of 64 pips is expected.

Historical events that allowed us to draw this conclusion

04 Oct 15:00
07 Aug 15:00
06 Jul 15:00
06 Jun 15:00
06 Feb 15:00

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

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