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We expect USDCAD to trend upwards later today. Based on these past Japan Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is > 2.5%. A price movement of 229 pips is expected.
Historical events that allowed us to draw this conclusion
23 Feb 23:30![]() |
17 Nov 23:30![]() |
19 Sep 23:30![]() |
18 Aug 23:30![]() |
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