11 pip movement on NZDUSD expected

Past performance is not an indicator of future results.
Based on the last 12 Housing Starts events in United States, we expect a 11 pip movement on NZDUSD for the next 2 hours. We expect NZDUSD to trend upwards for 2 hours because the released value is < 1.25M

Historical events that allowed us to draw this conclusion

17 Oct 13:30
16 Aug 13:30
18 Jul 13:30
16 May 13:30
18 Jan 13:30

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

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