United States Retail Sales MoM News Event – a possible $1,102.926 movement on USDCHF

Based on the last 12 Retail Sales MoM events in United States, we expect a $1,102.926 movement on USDCHF within 48 hours following the event release at 17 Feb 00:30. We expect USDCHF to trend downwards 48 hours following the event release at 17 Feb 00:30 if the released value is > 2%

Historical events that allowed us to draw this conclusion

17 Nov 00:30
15 Oct 23:30
16 Jul 22:30
15 Apr 22:30
18 Feb 00:30

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