Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $278.314 movement on USDCAD within 2 hours following the event release at 06 Feb 02:00. We expect USDCAD to trend upwards 2 hours following the event release at 06 Feb 02:00 if the released value is > 55

Historical events that allowed us to draw this conclusion

06 Nov 02:00	06 Sep 00:00
06 Jun 00:00	06 Mar 02:00

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