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Based on the last 12 Balance of Trade events in Australia, we could see a 29 pip movement on USDCAD for the next 12 hours. USDCAD could trend upwards for 12 hours because the released value is > A$5B
Historical events that allowed us to draw this conclusion
01 Aug 01:30 |
06 Jun 01:30 |
05 Oct 00:30 |
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