We expect EURUSD to trend downwards for the next 2 hours. Based on these past United States Retail Sales MoM news events there is a 66.67% chance of this. We expect this to happen because the released value is < 0%. A price movement of 86 pips is expected. Historical events that allowed us to draw this conclusion

15 Jun 22:30	14 Apr 22:30
15 Jan 00:30	16 Dec 00:30

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