Based on the last 12 Retail Sales MoM events in United States, we expect USDCAD to trend upwards for the next 4 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > -0.4%

Historical events that allowed us to draw this conclusion

15 Apr 22:30	18 Feb 00:30
16 Jul 22:30

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