Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect USDCAD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend downwards for the next 2 hours because the released value is > 56.3. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jun 14:00

05 May 14:00

05 Feb 15:00

07 Jan 15:00