20 pip movement on USDCHF expected

Based on the last 12 New Home Sales events in United States, we expect a 20 pip movement on USDCHF within 2 hours following the event release at 23 Mar 14:00 UTC. We expect USDCHF to trend upwards 2 hours following the event release at 23 Mar 14:00 UTC if the released value is > 0.81M

Historical events that allowed us to draw this conclusion

26 Jan 15:00
26 Oct 14:00
24 Aug 14:00
23 Apr 14:00