Based on the last 12 Housing Starts events in United States, we expect a 123 pip movement on EURUSD within 4 hours following the event release at 19 May 22:30 GMT+10. We expect EURUSD to trend downwards 4 hours following the event release at 19 May 22:30 GMT+10 if the released value is > 0.927M

Historical events that allowed us to draw this conclusion

18 Mar 23:30	20 Feb 00:30
18 Jan 00:30	18 Dec 00:30
16 May 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).