Based on past United States New Home Sales news events there is a 80% chance of USDCHF trending upwards. We expect this to happen if the released value is < 0.7M. A price movement of 14 pips is expected. Historical events that allowed us to draw this conclusion

24 Jun 00:00	26 May 00:00
24 Mar 01:00	29 Jan 02:00

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