Based on the last 12 Existing Home Sales events in United States, we expect a 27 pip movement on USDCAD within 2 hours following the event release at 23 Jun 00:00 GMT+10. We expect USDCAD to trend downwards 2 hours following the event release at 23 Jun 00:00 GMT+10 if the released value is > 5.72M

Historical events that allowed us to draw this conclusion

20 Feb 02:00	20 Nov 02:00
23 Oct 01:00	22 Aug 00:00

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