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This Friday 15 May at 12:30 PM GMT the latest US Retail Sales MoM number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that EURUSD will trend down following the news event.
This probability is based on the last 12 US Retail Sales MoM events, in which 3 of the last 4 events where the actual number was greater than than the economist consensus resulted in an down trend of EURUSD.
Here are images of the past events:
Friday 13 Sep at 12:30 PM GMT:
Thursday 15 Aug at 12:30 PM GMT:
Tuesday 16 Jul at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance