United States New Home Sales News Event – a possible $330 movement on EURUSD

Based on the last 12 New Home Sales events in United States, a $330 movement on EURUSD may occur within 2 hours following the event release at 25 Jun 00:00. EURUSD could trend upwards 2 hours following the event release at 25 Jun 00:00 if the released value is < 0.588M Historical events that allowed us to draw this conclusion

25 May 00:00
24 Mar 01:00
25 Feb 02:00
24 Dec 02:00
25 Nov 02:00
27 Jul 00:00

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