We expect a 5 pip movement on HO for the next 4 hours.

Based on the last 12 New Home Sales events in United States, we expect a 5 pip movement on HO for the next 4 hours. We expect HO to trend downwards for 4 hours because the released value is > 0.645M

Historical events that allowed us to draw this conclusion

24 Mar 14:00
26 Feb 15:00
26 Nov 15:00
23 Aug 14:00
24 Jul 14:00
23 Apr 14:00

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

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