United States Housing Starts News Event – a possible $160 movement on EURUSD

Based on the last 12 Housing Starts events in United States, we expect a $160 movement on EURUSD within the next 12 ore. We expect EURUSD to trend upwards for 12 hours because the released value is > 1.225M

Historical events that allowed us to draw this conclusion

19 Sep 13:30
19 Jun 13:30
17 Apr 13:30
19 Dec 13:30

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

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