Based on the last 12 Existing Home Sales events in United States, we expect a $160 movement on NZDUSD within the next 12 hours. We expect NZDUSD to trend downwards for 12 hours because the released value is < 4.12M Historical events that allowed us to draw this conclusion

22 Apr 00:00	22 Nov 02:00
23 Oct 01:00	24 Jul 00:00

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