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We expect a $59550 movement on CC within the next 2 hours.

We expect a $59550 movement on CC within the next 2 hours. We expect CC to trend downwards 2 hours following the Housing Starts events in United States release because the released value is < 1.445M. A price movement of 2500 pips is expected. Historical events that allowed us to draw this conclusion

16 Aug 12:30
19 Jul 12:30
18 May 12:30
17 Feb 13:30
19 Oct 12:30

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

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