Based on the last 12 Existing Home Sales events in United States, we expect a $120 movement on AUDUSD within the next 12 hours. We expect AUDUSD to trend downwards for the next 12 hours because the released value is < 6.19M Historical events that allowed us to draw this conclusion

23 Mar 01:00	23 Jul 00:00
23 Jun 00:00	22 Apr 00:00

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