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There is a 85.71% chance of 6S trending downwards

Based on past United States Housing Starts news events there is a 85.71% chance of 6S trending downwards. We expect this to happen if the released value is > 0.927M. A price movement of 1 pips is expected.

Historical events that allowed us to draw this conclusion

18 Mar 12:30
19 Feb 13:30
17 Jan 13:30
17 Dec 13:30
18 Jun 12:30
16 May 12:30

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

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