Based on past United States Housing Starts news events there is a 80% chance of AUDUSD trending downwards. We expect this to happen if the released value is > 1.568M. A price movement of 28 pips is expected.

Historical events that allowed us to draw this conclusion

21 Sep 22:30	16 Apr 22:30
22 Jan 00:30	18 Dec 00:30

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