Based on the last 12 Existing Home Sales events in United States, we expect a 58 pip movement on EURUSD within 4 hours following the event release at 2023-05-19 00:00. We expect EURUSD to trend downwards 4 hours following the event release at 2023-05-19 00:00 if the released value is < 4.3M Historical events that allowed us to draw this conclusion

21 Apr 00:00	22 Feb 02:00
19 Aug 00:00	21 Jul 00:00

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