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USDCAD may trend downwards from 22 Jan 23:50

We expect USDCAD to trend downwards later today. Based on these past Japan Balance of Trade news events there is a 66.67% chance of this. We expect this to happen if the released value is < ¥-150B. A price movement of 26 pips is expected.Historical events that allowed us to draw this conclusion21 May 23:5019 Feb 23:5022 Jan 23:50

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