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

We expect a $10146 movement on S within 2 hours following the release of Retail Sales MoM at 2022-08-17 12:30. We expect S to trend upwards 2 hours following the event release at 2022-08-17 12:30 if the released value is < 0.1%. A price movement of 687 pips is expected. Historical events that allowed us to draw this conclusion

15 Jun 12:30
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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We expect NZDUSD to trend downwards with a 66.67% chance.

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