United States New Home Sales News Event – a $900 opportunity on EURUSD

Past performance is not an indicator of future results.
We expect a $900 movement on EURUSD within the next 48 hours. We expect EURUSD to trend downwards 48 hours following the New Home Sales events in United States release because the released value is > 0.6M. A price movement of 90 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jan 15:00
26 Sep 15:00
25 Jun 15:00
24 Apr 15:00
25 Jan 15:00

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

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