Based on the last 12 Consumer Confidence Flash events in Euro Area, USDCAD may trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < -21.5 Historical events that allowed us to draw this conclusion

24 Mar 02:00	22 Dec 02:00
24 Aug 00:00	23 Jul 00:00
23 Jun 00:00

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