Based on the last 12 New Home Sales events in United States, we could see a $1,280 movement on NZDUSD within the next 48 hours. NZDUSD could trend downwards for the next 48 hours because the released value is > 0.588M

Historical events that allowed us to draw this conclusion

27 Jan 02:00	27 Oct 01:00
25 Sep 00:00

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