Based on the last 12 Housing Starts events in United States, we expect NZDUSD to trend downwards right now. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend downwards for the next 2 hours because the released value is > 1.568M. A price movement of 27 pips is expected.

Historical events that allowed us to draw this conclusion

21 Sep 12:30

16 Apr 12:30

21 Jan 13:30

17 Dec 13:30