We expect a $82.237 movement on USDCAD within the next 2 hours. We expect USDCAD to trend downwards 2 hours following the Core Inflation Rate YoY events in United States release because the released value is = 2.2%. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
12 Jul 13:30 |
11 Apr 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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