Based on the last 12 New Home Sales events in United States, we expect a 56 pip movement on USDJPY within 2 hours following the event release at 24 Feb 15:00 UTC. We expect USDJPY to trend upwards 2 hours following the event release at 24 Feb 15:00 UTC if the released value is > 0.806M

Historical events that allowed us to draw this conclusion

26 Oct 14:00

24 Sep 14:00

24 Aug 14:00

23 Apr 14:00