Trade with an edge around todays United States Retail Sales MoM news event
Based on past United States Retail Sales MoM news events there is a 80% chance of NZDUSD trending downwards. We expect this to happen if the released value is < -8%. A price movement of 285 pips is expected.Historical events that allowed us to draw this conclusion17 Mar 23:3014 Dec 00:3014 Jun 22:3015 May 22:30 All references to movement sizes…