We expect AUDUSD to trend downwards for the next 2 hours. Based on these past United States Retail Sales MoM news events there is a 75% chance of this. We expect this to happen because the released value is > -0.8%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jul 12:30 |
17 Feb 13:30 |
16 Oct 12:30 |