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On Event

Australia NAB Business Confidence News Event – a possible $133 movement on USDCAD

We expect a $133 movement on USDCAD within the next 2 hours. We expect USDCAD to trend downwards 2 hours following the NAB Business Confidence events in Australia release because the released value is > -1. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

11 Apr 01:30
13 Sep 01:30
09 Aug 01:30