We expect AC to trend downwards later today. Based on these past United States New Home Sales news events there is a 66.67% chance of this. We expect this to happen if the released value is > 0.64M. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
24 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
