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We expect ZO to trend downwards with a 80% chance.

Based on the last 12 Existing Home Sales events in United States, we expect ZO to trend downwards. Based on these past events there is a 80% chance of this. We expect ZO to trend downwards for 2 hours because the released value is > 4.3M. A price movement of 200 pips is expected.

Historical events that allowed us to draw this conclusion

20 Mar 14:00
21 Feb 15:00
21 Jun 14:00

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

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We expect OJ to trend upwards today with a 80% chance.

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