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Pre Event Forecast

Want to know why AUDUSD is going downwards for the next 2 hours?

We expect a $290 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Existing Home Sales events in United States release 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 Sep 14:00
21 Jun 14:00
18 Feb 15:00
22 Nov 15:00