71.43% probability that NZDUSD will trend downwards

Based on the last 12 New Home Sales events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. This will happen if the released value is > 0.575M

Historical events that allowed us to draw this conclusion

26 Sep 15:00
25 Jun 15:00
24 Apr 15:00
25 Jan 15:00
27 Nov 15:00

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

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