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We expect a 44 pip movement on AUDUSD for the next 48 hours.

Based on the last 12 Housing Starts events in United States, we expect a 44 pip movement on AUDUSD for the next 48 hours. We expect AUDUSD to trend downwards for 48 hours because the released value is < 1.32M Historical events that allowed us to draw this conclusion

16 Aug 12:30
19 Apr 12:30
26 Mar 12:30
26 Feb 13:30
20 Nov 13:30

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

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We expect USDJPY to trend downwards with a 80% chance.

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