Based on the last 12 Consumer Confidence events in Japan, USDCAD could 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 < 31.7 Historical events that allowed us to draw this conclusion

08 Apr 15:00	03 Mar 16:00
31 Jan 16:00	05 Jan 16:00
31 Aug 15:00

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