Based on the last 12 Existing Home Sales events in United States, we expect a 76 pip movement on USDCAD for the next 4 hours. We expect USDCAD to trend downwards for 4 hours because the released value is > 6.09M

Historical events that allowed us to draw this conclusion

24 Aug 00:00	23 Jun 00:00
20 Nov 02:00	23 Oct 01:00

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