We expect a $311.602 movement on USDCAD within the next 2 hours. We expect USDCAD to trend downwards 2 hours following the Michigan Consumer Sentiment Prel events in United States release because the released value is < 89.6. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

12 Feb 15:00

15 Jan 15:00

17 Jul 14:00

09 Apr 14:00