17 pip movement on AUDUSD expected

Based on the last 12 Retail Sales MoM events in United States, we expect a 17 pip movement on AUDUSD within 2 hours following the event release at 16 Jun 12:30 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 16 Jun 12:30 UTC if the released value is < 8% Historical events that allowed us to draw this conclusion

15 May 12:30
15 Apr 12:30
17 Mar 12:30
16 Oct 12:30