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What to trade around the US Housing Starts news event

What to trade around the US Housing Starts news event

Based on the last 12 Housing Starts events in US, we expect NZDUSD to trend up right now. Based on these past events there is a 83.3% of this.
We expect NZDUSD to trend up for the next 4 hours because the released value is < 1.22M. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

16 Aug 12:30
 
18 Jul 12:30
 
16 May 12:30
 
18 Jan 13:30
 
18 Oct 12:30
 

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

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