Want to know why USDCAD is going downwards today?

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $311.879 movement on USDCAD within 2 hours following the event release at 15 Sep 09:00. We expect USDCAD to trend downwards 2 hours following the event release at 15 Sep 09:00 if the released value is > 69.8

Historical events that allowed us to draw this conclusion

11 Aug 09:00
16 Jun 09:00
19 May 09:00
21 Jan 10:00
10 Dec 10:00
15 Oct 09:00