Based on the last 12 Retail Sales MoM events in Australia, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 0% Historical events that allowed us to draw this conclusion

06 Feb 11:30	04 Nov 11:30
04 Oct 11:30	03 Sep 11:30
04 Jun 11:30	07 Mar 11:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).