We expect a $190 movement on NZDUSD within 2 hours following the release of Housing Starts at 21 Jan 13:30. We expect NZDUSD to trend downwards 2 hours following the event release at 21 Jan 13:30 if the released value is > 1.56M. A price movement of 19 pips is expected.

Historical events that allowed us to draw this conclusion

17 Dec 13:30

18 Aug 12:30

17 Jul 12:30

18 Mar 12:30

19 Feb 13:30

17 Jan 13:30