Based on the last 12 Existing Home Sales events in United States, we expect NZDUSD to trend upwards. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards for 48 hours because the released value is < 6.44M. A price movement of 50 pips is expected. Historical events that allowed us to draw this conclusion

23 Dec 02:00	23 Jul 00:00
22 May 00:00	23 Apr 00:00

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