Based on the last 12 ISM Manufacturing PMI events in United States, we expect USDCAD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend upwards for the next 2 hours because the released value is > 55.8. A price movement of 68 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jul 14:00

01 May 14:00

01 Apr 14:00

03 Feb 15:00