Based on the last 12 New Home Sales events in United States, EURUSD could experience an upwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 4 hours because the released value is < 0.765M. Historical events that allowed us to draw this conclusion
23 Mar 14:00 |
24 Feb 15:00 |
23 Dec 15:00 |
24 Nov 15:00 |
26 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
