Based on the last 12 Retail Sales MoM events in United States, we expect a $120 movement on AUDUSD within 2 hours following the event release at 2022-09-15 12:30. We expect AUDUSD to trend downwards 2 hours following the event release at 2022-09-15 12:30 if the released value is > 0%
Historical events that allowed us to draw this conclusion
16 Feb 13:30 |
16 Nov 13:30 |
15 Oct 12:30 |
16 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
