There is a 80% chance of C trending upwards

Based on past United States Existing Home Sales news events there is a 80% chance of C trending upwards. We expect this to happen because the released value is < 5.9M. A price movement of 962 pips is expected.Historical events that allowed us to draw this conclusion

22 Apr 14:00
22 Mar 14:00
22 Dec 15:00
22 Jul 14:00

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

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