United States Housing Starts News Event – a possible $110 movement on NZDUSD

Based on the last 12 Housing Starts events in United States, we expect a $110 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards for 2 hours because the released value is > 1.613M

Historical events that allowed us to draw this conclusion

21 Jan 13:30
17 Dec 13:30
18 Aug 12:30
17 Jul 12:30