Based on past United States Existing Home Sales news events there is a 80% chance of C trending upwards. We expect this to happen because the released value is < 5.9M. A price movement of 962 pips is expected. Historical events that allowed us to draw this conclusion
22 Apr 14:00 |
22 Mar 14:00 |
22 Dec 15:00 |
22 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
