AUDUSD may trend downwards right now

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