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We expect a 49 pip movement on AUDUSD for the next 4 hours.

Based on the last 12 Retail Sales MoM events in United Kingdom, we could see a $490 movement on AUDUSD within the next 4 hours. AUDUSD could trend downwards for the next 4 hours because the released value is > 1.5%

Historical events that allowed us to draw this conclusion

21 Jul 06:00
23 Jun 06:00
24 Mar 07:00
17 Feb 07:00

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

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