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 71.43% chance of this. This may happen if the released value is > 6.7M

Historical events that allowed us to draw this conclusion

23 Oct 01:00	22 May 00:00
21 Mar 01:00	22 Feb 02:00
23 Jan 02:00

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