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This Friday 03 Jul at 01:30 AM GMT the latest AU Retail Sales MoM number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that AUDUSD will trend up following the news event.
This probability is based on the last 12 AU Retail Sales MoM events, in which 3 of the last 5 events where the actual number was greater than than the economist consensus resulted in an up trend of AUDUSD.
Here are images of the past events:
Wednesday 06 May at 01:30 AM GMT:
Friday 03 Apr at 12:30 AM GMT:
Friday 02 Aug at 01:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance