Canada Ivey PMI s.a News Event – a possible $91.835 movement on USDCAD

Based on the last 12 Ivey PMI s.a events in Canada, we expect a $91.835 movement on USDCAD within 2 hours following the event release at 06 Nov 15:00. We expect USDCAD to trend upwards 2 hours following the event release at 06 Nov 15:00 if the released value is > 51.5

Historical events that allowed us to draw this conclusion

07 Aug 14:00
07 Jul 14:00
06 Mar 15:00
05 Dec 15:00