United States Housing Starts News Event – a possible $90 movement on EURUSD

Based on the last 12 Housing Starts events in United States, we expect a $90 movement on EURUSD within 2 hours following the event release at 20 Jul 12:30. We expect EURUSD to trend upwards 2 hours following the event release at 20 Jul 12:30 if the released value is > 1.59M

Historical events that allowed us to draw this conclusion

16 Apr 12:30
21 Jan 13:30
18 Nov 13:30
17 Jul 12:30