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We expect UB to trend upwards right now.

Based on the last 12 Existing Home Sales events in United States, we expect UB to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect UB to trend upwards for the next 48 hours because the released value is > 6.2M. A price movement of 228 pips is expected.

Historical events that allowed us to draw this conclusion

21 Oct 14:00
22 Jun 14:00
22 Jan 15:00
19 Nov 15:00

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

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