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Based on the last 12 Balance of Trade events in Canada, we could see a 121 pip movement on EURUSD for the next 48 hours. EURUSD could trend downwards for 48 hours because the released value is < C$-5.55B Historical events that allowed us to draw this conclusion
05 Jun 12:30 |
03 Apr 12:30 |
05 Feb 13:30 |
05 Dec 13:30 |
05 Nov 13:30 |
08 Oct 12:30 |
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