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There is a 71.43% chance of CRD trending upwards

Based on past United States Existing Home Sales news events there is a 71.43% chance of CRD trending upwards. We expect this to happen if the released value is < 5.44M. A price movement of 82 pips is expected. Historical events that allowed us to draw this conclusion

21 Nov 15:00
23 Jul 14:00
22 Apr 14:00
21 Feb 15:00
22 Jan 15:00

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

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