Based on the last 12 Existing Home Sales events in United States, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 4.5M Historical events that allowed us to draw this conclusion

22 Feb 02:00	19 Aug 00:00
21 Jul 00:00	20 May 00:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).