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There is a 85.71% chance of CC trending downwards

We expect a $121431 movement on CC within the next 12 hours. We expect CC to trend downwards 12 hours following the Housing Starts events in United States release because the released value is < 1.54M. A price movement of 5100 pips is expected. Historical events that allowed us to draw this conclusion

18 May 12:30
17 Feb 13:30
19 Oct 12:30
18 Aug 12:30

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

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