United States Durable Goods Orders MoM News Event – a possible $314.827 movement on USDCAD

Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $314.827 movement on USDCAD within 2 hours following the event release at 25 Nov 13:30. We expect USDCAD to trend downwards 2 hours following the event release at 25 Nov 13:30 if the released value is > 0.9%

Historical events that allowed us to draw this conclusion

26 Aug 12:30
25 Jun 12:30
28 May 12:30
25 Mar 12:30
27 Feb 13:30
28 Jan 13:30