We expect USDCAD to trend downwards for the next 2 hours. Based on these past Australia NAB Business Confidence news events there is a 75% chance of this. We expect this to happen because the released value is < 2. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
12 Dec 00:30 |
13 Jun 01:30 |
08 May 01:30 |
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