United States New Home Sales News Event – a $1150 opportunity on AUDUSD

Based on the last 12 New Home Sales events in United States, we expect a 115 pip movement on AUDUSD within 48 hours following the event release at 2023-01-27 02:00. We expect AUDUSD to trend upwards 48 hours following the event release at 2023-01-27 02:00 if the released value is < 0.617M Historical events that allowed us to draw this conclusion

24 Aug 00:00
27 Jul 00:00
25 May 00:00
24 Mar 01:00
25 Feb 02:00

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