We expect AUDUSD to trend downwards for the next 2 hours. Based on these past United States Existing Home Sales news events there is a 75% chance of this. We expect this to happen because the released value is > 4.7M. A price movement of 29 pips is expected.

Historical events that allowed us to draw this conclusion

21 Jun 14:00

18 Feb 15:00

22 Nov 15:00