Based on the last 12 Retail Sales MoM events in United States, we may expect KW to trend downwards right now. Based on these past events there is a 80% chance of this. We made this conclusion because the released value is < -0.1%. A price movement of 78 pips may be experienced. Historical events that allowed us to draw this conclusion
18 Jun 12:30 |
15 May 12:30 |
14 Mar 12:30 |
15 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
