Based on the last 12 Housing Starts events in United States, we expect a 85 pip movement on EURUSD for the next 12 hours. We expect EURUSD to trend upwards for 12 hours because the released value is < 1.7M Historical events that allowed us to draw this conclusion

18 Nov 00:30	18 Aug 22:30
18 May 22:30	17 Mar 23:30
19 Feb 00:30

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