
The latest US Retail Sales MoM number has been released as 7.5%.
There is a 80% 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 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:
Tuesday 16 Jun at 12:30 PM GMT:
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