Based on the last 12 Housing Starts events in United States, a $290 movement on AUDUSD may occur within 4 hours following the event release at 16 Jun 12:30. AUDUSD could trend downwards 4 hours following the event release at 16 Jun 12:30 if the released value is < 1.701M Historical events that allowed us to draw this conclusion
18 May 12:30 |
17 Feb 13:30 |
17 Nov 13:30 |
18 Aug 12:30 |
16 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
