Based on past United States Housing Starts news events there is a 80% chance of AUDUSD trending downwards. We expect this to happen because the released value is > 1.169M. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
18 Mar 12:30 |
19 Feb 13:30 |
17 Jan 13:30 |
18 Sep 12:30 |