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We expect 6C to trend upwards today.

Based on the last 12 Existing Home Sales events in United States, we could expect 6C to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect 6C to trend upwards 48 hours following the event release at 20 Apr 14:00 if the released value is < 5.8M. A price movement of 0 pips could result. Historical events that allowed us to draw this conclusion

18 Mar 14:00
22 Dec 15:00
22 Sep 14:00
22 Jul 14:00
22 Apr 14:00

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

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