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Based on past Canada Inflation Rate YoY news events there is a 80% chance of EURUSD trending upwards. We expect this to happen if the released value is < 3.9%. A price movement of 83 pips is expected. Historical events that allowed us to draw this conclusion
28 Jul 22:30![]() |
21 Apr 22:30![]() |
17 Mar 23:30![]() |
21 Jan 00:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).