Based on the last 12 Housing Starts events in United States, we expect a 22 pip movement on NZDUSD for the next 4 hours. We expect NZDUSD to trend upwards for 4 hours because the released value is < 1.3M Historical events that allowed us to draw this conclusion

20 Nov 00:30	17 Oct 23:30
17 Jul 22:30	19 Apr 22:30

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