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We expect a 0 pip movement on 6A within 4 hours following the event release.

Based on the last 12 Retail Sales MoM events in United States, we expect a 0 pip movement on 6A within 4 hours following the event release at 16 Dec 13:30 UTC. We expect 6A to trend downwards 4 hours following the event release at 16 Dec 13:30 UTC if the released value is < -0.3% Historical events that allowed us to draw this conclusion

17 Nov 13:30
16 Sep 12:30
15 May 12:30
17 Mar 12:30
13 Dec 13:30

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

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