
The latest US Retail Sales MoM number has been released as 17.7%.
There is a 75% probability that EURUSD will trend down for the next few hours.
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