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On Event

80% probability that EURUSD may trend downwards right now

Based on the last 12 Balance of Trade events in Canada, we could see a $240 movement on EURUSD within the next 2 hours. We may see EURUSD trend downwards for 2 hours because the released value is < C$-1.2B Historical events that allowed us to draw this conclusion

02 May 12:30
07 Feb 13:30
08 Aug 12:30
06 Jul 12:30