Based on the last 12 Balance of Trade events in Japan, we expect USDCAD to trend upwards. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend upwards for 2 hours because the released value is < ¥-560B. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion

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22 Jan 23:50

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20 Oct 23:50

18 Aug 23:50