Want to know why EURUSD is going upwards for the next 12 hours?

Past performance is not an indicator of future results.
Based on the last 12 Ivey PMI s.a events in Canada, we expect a $130 movement on EURUSD within the next 12 hours. We expect EURUSD to trend upwards for the next 12 hours because the released value is < 56

Historical events that allowed us to draw this conclusion

07 Aug 15:00
06 Jul 15:00
06 Jun 15:00
06 Apr 15:00
06 Feb 15:00

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