Based on past United States Existing Home Sales news events there is a 75% chance of TN trending downwards. We expect this to happen if the released value is < 6.19M. A price movement of 65 pips is expected. Historical events that allowed us to draw this conclusion
22 Dec 15:00 |
22 Jun 14:00 |
21 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
