Based on the last 12 Housing Starts events in United States, we expect a $770 movement on AUDUSD within 48 hours following the event release at 2023-03-16 23:30. We expect AUDUSD to trend upwards 48 hours following the event release at 2023-03-16 23:30 if the released value is > 1.31M

Historical events that allowed us to draw this conclusion

20 Jan 00:30	21 Dec 00:30
19 Apr 22:30	17 Mar 23:30

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