United States Retail Sales MoM News Event – a $187.4 opportunity on USDJPY

We expect a $187.4 movement on USDJPY within 2 hours following the release of Retail Sales MoM at 14 Aug 12:30. We expect USDJPY to trend upwards 2 hours following the event release at 14 Aug 12:30 if the released value is < 1.9%. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

15 May 12:30
15 Apr 12:30
17 Mar 12:30
16 Oct 12:30