54 pip movement on AUDUSD expected

Based on the last 12 Housing Starts events in United States, we expect a 54 pip movement on AUDUSD within 48 hours following the event release at 18 Aug 22:30 GMT+10. We expect AUDUSD to trend upwards 48 hours following the event release at 18 Aug 22:30 GMT+10 if the released value is < 1.24M Historical events that allowed us to draw this conclusion

19 May 22:30
16 Apr 22:30
17 Oct 23:30

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