Based on the last 12 Balance of Trade events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > $-68.9B

Historical events that allowed us to draw this conclusion

08 Feb 00:30	06 Jan 00:30
07 Dec 00:30	05 Oct 23:30
04 Aug 22:30

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