Want to know why NZDUSD is going upwards today?

Based on the last 12 New Home Sales events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 0.62M

Historical events that allowed us to draw this conclusion

24 Dec 02:00
24 Nov 02:00
27 Oct 01:00
25 Jun 00:00

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