We expect a $350 movement on AUDUSD within the next 12 hours. We expect AUDUSD to trend upwards 12 hours following the New Home Sales events in United States release because the released value is > 0.5M. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

25 Jun 00:00	27 Oct 01:00
25 Sep 00:00

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