17 pip movement on EURUSD expected

Based on the last 12 New Home Sales events in United States, we expect a 17 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is < 0.8M Historical events that allowed us to draw this conclusion

23 Jun 14:00
25 May 14:00
23 Mar 14:00
28 Jan 15:00