We expect a $108.392 movement on LE within the next 2 hours.

We expect a $108.392 movement on LE within the next 2 hours. We expect LE to trend downwards 2 hours following the New Home Sales events in United States release because the released value is > 0.48M. A price movement of 111 pips is expected.

Historical events that allowed us to draw this conclusion

23 Apr 14:00

26 Feb 15:00

26 Nov 15:00

25 Sep 14:00

23 Aug 14:00

24 Jul 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).