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This Friday 04 Sep at 01:30 AM GMT the latest AU Retail Sales MoM number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that AUDUSD will trend up following the news event.
This probability is based on the last 12 AU Retail Sales MoM events, in which 5 of the last 6 events where the actual number was less than than the economist consensus resulted in an up trend of AUDUSD.
Here are images of the past events:
Friday 06 Mar at 12:30 AM GMT:
Thursday 06 Feb at 12:30 AM GMT:
Monday 04 Nov at 12:30 AM GMT:
Friday 04 Oct at 01:30 AM GMT:
Tuesday 03 Sep at 01:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance
