Based on past US New Home Sales news events there is a 75.0% of USDCHF trending down
We expect this to happen because the released value is > 0.65M. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
14 Mar 14:00 |
31 Jan 15:00 |
28 Nov 15:00 |
26 Sep 14:00 |
25 Jun 14:00 |
24 Apr 14:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)