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US Housing Starts News Event – a $100 opportunity on

US Housing Starts News Event – a $100 opportunity on

We expect a $100 movement on AUDUSD within 2 hours following the release of Housing Starts at 17 Oct 12:30.
We expect AUDUSD to trend up 2 hours following the event release at 17 Oct 12:30 if the released value is < 1.22M. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

16 Aug 12:30
 
18 Jul 12:30
 
16 May 12:30
 
18 Jan 13:30
 
18 Oct 12:30
 

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

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