12 pip movement on EURUSD expected

Based on the last 12 New Home Sales events in United States, we expect a 12 pip movement on EURUSD within 2 hours following the event release at 24 Sep 14:00 UTC. We expect EURUSD to trend upwards 2 hours following the event release at 24 Sep 14:00 UTC if the released value is > 0.895M

Historical events that allowed us to draw this conclusion

24 Jul 14:00
23 Apr 14:00
26 Feb 15:00
26 Nov 15:00