Based on the last 12 Consumer Confidence events in Japan, USDCAD could trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 31.7

Historical events that allowed us to draw this conclusion

29 Oct 16:00	02 Aug 15:00
30 Jun 15:00	31 May 15:00

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