Possible 13 pip movement on USDCAD

Based on the last 12 KOF Leading Indicators events in Switzerland, we may see a 13 pip movement on USDCAD within 2 hours following the event release at 29 Apr 17:00 GMT+10. USDCAD may trend downwards 2 hours following the event release at 29 Apr 17:00 GMT+10 if the released value is < 99.4 Historical events that allowed us to draw this conclusion

30 Mar 18:00
28 Feb 19:00
30 Nov 19:00
30 Aug 17:00
30 Jul 17:00

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