Based on the last 12 Housing Starts events in United States, we expect a $60 movement on AUDUSD within 2 hours following the event release at 17 Mar 12:30. We expect AUDUSD to trend downwards 2 hours following the event release at 17 Mar 12:30 if the released value is < 1.69M Historical events that allowed us to draw this conclusion

17 Feb 13:30

17 Nov 13:30

19 Oct 12:30

18 Aug 12:30

16 Jun 12:30