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A possible $290 movement on AUDUSD within 4 hours following the event release at 16 Jun 12:30.

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”).

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We expect PL to trend upwards today.

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A $119,091.312 movement could be seen on S within 48 hours following the release of BoE Interest Rate Decision.

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