Based on past United States Retail Sales MoM news events there is a 66.67% chance of EMD trending downwards. We expect this to happen if the released value is < -12%. A price movement of 3,875 pips is expected. Historical events that allowed us to draw this conclusion
15 Apr 12:30 |
17 Mar 12:30 |
13 Dec 13:30 |
14 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
