Based on the last 12 Retail Sales MoM events in United States, EMD could experience an downwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 2 hours because the released value is > 1.3%.
Historical events that allowed us to draw this conclusion
17 Dec 13:30 |
15 Nov 13:30 |
17 Oct 12:30 |
15 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
