83.33% probability that NZDUSD may trend upwards

Based on the last 12 Existing Home Sales events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > 5.83M

Historical events that allowed us to draw this conclusion

23 Jun 00:00
20 Feb 02:00
23 Jan 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”).