We expect AUDUSD to trend upwards later today. Based on these past United States New Home Sales news events there is a 66.67% chance of this. We expect this to happen if the released value is < 0.87M. A price movement of 24 pips is expected. Historical events that allowed us to draw this conclusion

24 Mar 01:00

29 Jan 02:00

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