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We expect 6A to trend upwards for the next 48 hours.

We expect 6A to trend upwards for the next 48 hours. Based on these past United States Housing Starts news events there is a 66.67% chance of this. We expect this to happen because the released value is < 1.71M. A price movement of 1 pips is expected. Historical events that allowed us to draw this conclusion

17 Mar 12:30
18 Feb 13:30
20 Oct 12:30
17 Jun 12:30
19 May 12:30

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

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