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 75% chance of this. We expect EURUSD to trend downwards 4 hours following the event release at 23 Mar 01:00 if the released value is < 6.5M. A price movement of 44 pips is expected. Historical events that allowed us to draw this conclusion

23 Dec 02:00	23 Jul 00:00
22 Apr 00:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).