Want to know why EURUSD is going downwards today?

Based on the last 12 New Home Sales events in United States, we expect a $720 movement on EURUSD within 48 hours following the event release at 25 Mar 01:00. We expect EURUSD to trend downwards 48 hours following the event release at 25 Mar 01:00 if the released value is > 0.75M

Historical events that allowed us to draw this conclusion

27 Nov 02:00
25 Oct 01:00
26 Sep 00:00
25 Jul 00:00
24 Apr 00:00
30 Mar 01:00

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