DELKOS 80% probability that EURUSD will trend down on Tuesday 17 Mar at 12:30 PM GMT if the US Retail Sales MoM number is greater than 0.2%.

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This Tuesday 17 Mar 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 80% 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 4 of the last 5 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:

Thursday 18 Apr at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance