Based on the last 12 Existing Home Sales events in United States, we expect a 138 pip movement on EURUSD within 48 hours following the event release at 2023-04-20 14:00. We expect EURUSD to trend downwards 48 hours following the event release at 2023-04-20 14:00 if the released value is < 4.5M Historical events that allowed us to draw this conclusion
21 Feb 15:00 |
21 Dec 15:00 |
18 Aug 14:00 |
20 Jul 14:00 |
20 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
