66.67% probability that USDCAD may trend upwards right now

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect USDCAD to trend upwards for the next 4 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 97.5

Historical events that allowed us to draw this conclusion

30 Jan 19:00
30 Jul 17:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).