Want to know why NZDUSD is going upwards for the next 48 hours?

Based on the last 12 Housing Starts events in United States, we expect a $760 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend upwards for the next 48 hours because the released value is < 1.457M Historical events that allowed us to draw this conclusion

19 May 22:30
16 Apr 22:30
20 Nov 00:30
17 Oct 23:30

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