Based on the last 12 Housing Starts events in United States, we expect a 44 pip movement on AUDUSD for the next 48 hours. We expect AUDUSD to trend downwards for 48 hours because the released value is < 1.32M Historical events that allowed us to draw this conclusion
16 Aug 12:30 |
19 Apr 12:30 |
26 Mar 12:30 |
26 Feb 13:30 |
20 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
