Based on the last 12 Housing Starts events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect AUDUSD to trend downwards 4 hours following the event release at 18 Feb 00:30 if the released value is < 1.7M. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion

18 Nov 00:30	18 Aug 22:30
16 Jun 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”).