46 pip movement on EURUSD expected

Based on the last 12 Existing Home Sales events in United States, we expect a 46 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is < 5.89M Historical events that allowed us to draw this conclusion

22 Jul 14:00
21 May 14:00
22 Apr 14:00
22 Dec 15:00