Based on the last 12 Housing Starts events in United States, we expect a $290 movement on EURUSD within 2 hours following the event release at 17 Sep 12:30. We expect EURUSD to trend downwards 2 hours following the event release at 17 Sep 12:30 if the released value is < 1.478M Historical events that allowed us to draw this conclusion

17 Jun 12:30

19 May 12:30

16 Apr 12:30

19 Nov 13:30