We expect a $180 movement on AUDUSD within 2 hours following the release of Existing Home Sales at 22 Feb 02:00. We expect AUDUSD to trend upwards 2 hours following the event release at 22 Feb 02:00 if the released value is < 5.43M. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

20 Dec 02:00	23 Oct 01:00
22 May 00:00

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