We expect NZDUSD to trend downwards later today. Based on these past United States Existing Home Sales news events there is a 83.33% chance of this. We expect this to happen if the released value is > 4.78M. A price movement of 30 pips is expected.
Historical events that allowed us to draw this conclusion
21 May 14:00 |
20 Mar 14:00 |
22 Jan 15:00 |
19 Sep 14:00 |
21 Aug 14:00 |