Based on past AU Retail Sales MoM news events there is a 83.3% of AUDUSD trending up
We expect this to happen if the released value is > 0.2%. A price movement of 19 pips is expected.
Historical events that allowed us to draw this conclusion
03 Aug 01:30 |
04 Jun 01:30 |
04 Apr 01:30 |
11 Jan 00:30 |
05 Dec 00:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
