Trade with an edge around todays United States New Home Sales news event

Past performance is not an indicator of future results.
Based on past United States New Home Sales news events there is a 71.43% chance of USDCHF trending downwards. We expect this to happen because the released value is > 0.569M. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

28 Nov 15:00
26 Sep 15:00
25 Jun 15:00
23 Mar 14:00
22 Dec 15:00

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

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