Based on the last 12 Retail Sales MoM events in Australia, we expect a $1,100 movement on EURUSD within the next 48 hours. We expect EURUSD to trend upwards for 48 hours because the released value is > -1.5%

Historical events that allowed us to draw this conclusion

02 Oct 11:30	04 Aug 11:30
03 Jul 11:30	04 Jun 11:30
06 May 11:30	11 Jan 11:30

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