Based on the last 12 Housing Starts events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 22 Jan 00:30 if the released value is < 1.56M. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion

20 Oct 23:30	17 Sep 22:30
17 Jun 22:30	19 May 22:30

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