85.71% probability that AUDUSD may trend upwards right now

Based on the last 12 New Home Sales events in United States, we expect AUDUSD to trend upwards for the next 12 hours. Based on these past events there is a 85.71% chance of this. This may happen because the released value is > 0.7M

Historical events that allowed us to draw this conclusion

24 Apr 00:00
25 Feb 02:00
24 Dec 02:00
26 Nov 02:00
25 Sep 00:00
26 Aug 00:00

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