We expect a $170 movement on EURUSD within 2 hours following the release of Housing Starts at 16 Apr 22:30. We expect EURUSD to trend upwards 2 hours following the event release at 16 Apr 22:30 if the released value is < 1.3M. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

17 Oct 23:30	16 Aug 22:30
17 Jul 22:30	19 Apr 22:30

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