29 pip movement on EURUSD expected

Based on the last 12 Housing Starts events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 1.445M

Historical events that allowed us to draw this conclusion

19 Apr 22:30
17 Dec 00:30
21 Sep 22:30

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