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We expect UB to trend downwards today with a 66.67% chance.

Based on the last 12 Existing Home Sales events in United States, we expect UB to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect UB to trend downwards 12 hours following the event release at 22 Sep 14:00 if the released value is > 5.89M. A price movement of 221 pips is expected.

Historical events that allowed us to draw this conclusion

23 Aug 14:00
19 Feb 15:00
22 Jan 15:00
22 Oct 14:00

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

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