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”).
