Based on the last 12 Housing Starts events in United States, AUDUSD could trend downwards later today. Based on these past events there is a 66.67% chance of this. If the released value is < 1.765M we could see AUDUSD trend downwards 48 hours following the event release at 18 May 22:30. Historical events that allowed us to draw this conclusion

18 Feb 00:30	18 Nov 00:30
18 Aug 22:30	16 Jun 22:30
18 May 22:30

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