We expect a $100 movement on AUDUSD within 2 hours following the release of Housing Starts at 17 Oct 12:30.
We expect AUDUSD to trend up 2 hours following the event release at 17 Oct 12:30 if the released value is < 1.22M. A price movement of 10 pips is expected.
Historical events that allowed us to draw this conclusion
16 Aug 12:30 |
18 Jul 12:30 |
16 May 12:30 |
18 Jan 13:30 |
18 Oct 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
