Based on the last 12 Retail Sales MoM events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 0.2%
Historical events that allowed us to draw this conclusion
15 Aug 12:30 |
15 Feb 13:30 |
16 Nov 13:30 |
15 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
