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We expect AUDUSD to trend upwards for the next 4 hours.

Based on the last 12 Existing Home Sales events in United States, we expect AUDUSD to trend upwards for the next 4 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 6.1M

Historical events that allowed us to draw this conclusion

22 Nov 15:00
23 Aug 14:00
22 Jun 14:00
19 Feb 15:00

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

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