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We expect ZB to trend upwards for the next 48 hours.

We expect ZB to trend upwards for the next 48 hours. Based on these past United States Existing Home Sales news events there is a 83.33% chance of this. We expect this to happen because the released value is > 6.45M. A price movement of 237 pips is expected.

Historical events that allowed us to draw this conclusion

22 Oct 14:00
21 May 14:00
20 Mar 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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