Based on the last 12 Retail Sales MoM events in United States, we expect a 152,775 pip movement on C within 4 hours following the event release at 16 Mar 12:30 UTC. We expect C to trend downwards 4 hours following the event release at 16 Mar 12:30 UTC if the released value is > -0.5%
Historical events that allowed us to draw this conclusion
17 Feb 13:30 |
16 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).