Based on the last 12 Retail Sales MoM events in Australia, we expect AUDUSD to trend upwards right now. Based on these past events there is a 75% chance of this. This may happen because the released value is > 0.4%

Historical events that allowed us to draw this conclusion

11 Jan 11:30	07 May 11:30
03 Apr 11:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).