Based on the last 12 Retail Sales MoM events in United States, we expect NZDUSD to trend downwards. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend downwards for 2 hours because the released value is < -0.3%. A price movement of 52 pips is expected. Historical events that allowed us to draw this conclusion

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16 Sep 12:30