United States New Home Sales News Event – a possible $120 movement on EURUSD

Based on the last 12 New Home Sales events in United States, we expect a $120 movement on EURUSD within 2 hours following the event release at 26 Feb 15:00. We expect EURUSD to trend upwards 2 hours following the event release at 26 Feb 15:00 if the released value is > 0.71M

Historical events that allowed us to draw this conclusion

26 Nov 15:00
23 Aug 14:00
23 Apr 14:00
14 Mar 14:00