Based on the last 12 Existing Home Sales events in United States, we expect USDCAD to trend downwards for the next 2 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is > 5.83M

Historical events that allowed us to draw this conclusion

23 Jun 00:00	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”).