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We expect KC to trend downwards today.

Based on the last 12 Retail Sales MoM events in United States, we could expect KC to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect KC to trend downwards 4 hours following the event release at 15 Jun 12:30 if the released value is < 0.2%. A price movement of 252 pips could result. Historical events that allowed us to draw this conclusion

14 Apr 12:30
15 Dec 13:30
17 Aug 12:30
15 Jun 12:30

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

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