Based on the last 12 Consumer Confidence events in Japan, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 32

Historical events that allowed us to draw this conclusion

10 Apr 15:00	05 Jan 16:00
31 Aug 15:00	02 May 15:00

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