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We expect NZDUSD to trend downwards with a 66.67% chance.

Based on past United States Retail Sales MoM news events there is a 66.67% chance of NZDUSD trending downwards. We expect this to happen because the released value is < 0.1%. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion

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

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

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The Boeing Company experienced a very large 43 days bullish move to 170.47

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We expect S to trend upwards today with a 66.67% chance.

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