Based on the last 12 Existing Home Sales events in United States, we expect UB to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect UB to trend upwards for the next 48 hours because the released value is > 6.2M. A price movement of 228 pips is expected.
Historical events that allowed us to draw this conclusion
21 Oct 14:00 |
22 Jun 14:00 |
22 Jan 15:00 |
19 Nov 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
