Based on the last 12 Retail Sales MoM events in United States, we expect EURUSD to trend downwards. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend downwards for 48 hours because the released value is < -0.3%. A price movement of 217 pips is expected. Historical events that allowed us to draw this conclusion

18 Nov 00:30	16 Sep 22:30
15 Apr 22:30	17 Mar 23:30
14 Dec 00:30

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