Based on the last 12 Existing Home Sales events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 22 Jul 14:00 if the released value is < 5.9M. A price movement of 35 pips is expected. Historical events that allowed us to draw this conclusion

21 May 14:00

22 Apr 14:00

22 Dec 15:00

22 Jul 14:00