Japan Tankan Large Manufacturers Index News Event – a possible $63.986 movement on USDCAD

Based on the last 12 Tankan Large Manufacturers Index events in Japan, we expect a $63.986 movement on USDCAD within 2 hours following the event release at 31 Mar 23:50. We expect USDCAD to trend upwards 2 hours following the event release at 31 Mar 23:50 if the released value is < 12 Historical events that allowed us to draw this conclusion

12 Dec 23:50
30 Jun 23:50
30 Sep 23:50
12 Dec 23:50
30 Jun 23:50
31 Mar 23:50