NZDUSD may trend downwards from 22 Jul 14:00

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