We expect a $596.676 movement on LE within the next 48 hours. We expect LE to trend upwards 48 hours following the Existing Home Sales events in United States release because the released value is > 5.83M. A price movement of 456 pips is expected.
Historical events that allowed us to draw this conclusion
22 Jun 14:00 |
22 Jan 15:00 |
19 Nov 15:00 |
22 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
