We expect a $5085 movement on ZW within 2 hours following the release of Retail Sales MoM.

Based on past United States Retail Sales MoM news events there is a 75% chance of ZW trending downwards. We expect this to happen if the released value is < 0.5%. A price movement of 925 pips is expected. Historical events that allowed us to draw this conclusion

18 Jun 12:30

15 May 12:30

14 Mar 12:30

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