United States Existing Home Sales News Event – a possible $1,620 movement on AUDUSD

Based on the last 12 Existing Home Sales events in United States, we could see a $1,620 movement on AUDUSD within the next 48 hours. We may see AUDUSD trend downwards for 48 hours because the released value is < 5.65M Historical events that allowed us to draw this conclusion

21 Apr 00:00
21 Jan 02:00
23 Sep 00:00
23 Jul 00:00
22 May 00:00

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