We expect KC to trend upwards later today. Based on these past United States Housing Starts news events there is a 66.67% chance of this. We expect this to happen if the released value is < 1.24M. A price movement of 1,055 pips is expected. Historical events that allowed us to draw this conclusion
17 Jun 12:30 |
19 Nov 13:30 |
17 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
