We expect a $320 movement on AUDUSD within 2 hours following the release of Housing Starts at 18 Feb 13:30. We expect AUDUSD to trend downwards 2 hours following the event release at 18 Feb 13:30 if the released value is > 1.658M. A price movement of 32 pips is expected.
Historical events that allowed us to draw this conclusion
21 Jan 13:30 |
18 Aug 12:30 |
17 Jul 12:30 |
18 Mar 12:30 |
19 Feb 13:30 |