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We expect a $62,014.946 movement on PL within 48 hours following the release of Housing Starts.

We expect a $62,014.946 movement on PL within 48 hours following the release of Housing Starts at 21 Jan 13:30. We expect PL to trend downwards 48 hours following the event release at 21 Jan 13:30 if the released value is > 1.56M. A price movement of 5,474 pips is expected.

Historical events that allowed us to draw this conclusion

17 Dec 13:30
18 Aug 12:30
18 Mar 12:30
19 Feb 13:30
17 Jan 13:30

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

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