Based on the last 12 Existing Home Sales events in United States, we expect a $431.948 movement on USDCAD within 12 hours following the event release at 22 May 00:00. We expect USDCAD to trend downwards 12 hours following the event release at 22 May 00:00 if the released value is > 6.09M

Historical events that allowed us to draw this conclusion

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”).