Trade with an edge around todays United States Retail Sales MoM news event

Based on past United States Retail Sales MoM news events there is a 75% chance of USDCAD trending downwards. We expect this to happen because the released value is > 5.9%. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

16 Oct 12:30
16 Jul 12:30
16 Jun 12:30

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