Date | Tuesday 30th June 2020 |
Time | 12:30 |
CAD GDP MoM is released prior to the US session. Historically we have seen a good spike with any deviation from the forecast and follow through usually occurs quickly.
If a trade is triggered, expect a spike in excess of 50 pips.
What happened last time?
CAD GDP MoM – 20-05-29 | |
Time | 12:30 |
Forecast | -9.0 |
Actual | -7.2 |
Deviation | +1.8 |
One minute spike | 16 pips |
How we setup
Main Event | CAD GDP MoM |
Market | USD/CAD |
Deviation | +/-0.3 |
Prior | -7.2 |
Forecast | -13.0 |
Triggers |
Buy <-13.2 Sell >-12.8 |