We expect NZDUSD to trend downwards later today. Based on these past United States Housing Starts news events there is a 71.43% chance of this. We expect this to happen if the released value is > 1.53M. A price movement of 19 pips is expected.
Historical events that allowed us to draw this conclusion
18 Aug 12:30 |
17 Jul 12:30 |
18 Mar 12:30 |
19 Feb 13:30 |
17 Jan 13:30 |