United States Existing Home Sales News Event – a possible $1,490.384 movement on USDCAD

Based on the last 12 Existing Home Sales events in United States, we expect a $1,490.384 movement on USDCAD within 48 hours following the event release at 23 Oct 01:00. We expect USDCAD to trend upwards 48 hours following the event release at 23 Oct 01:00 if the released value is > 6.3M

Historical events that allowed us to draw this conclusion

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”).