Based on the last 12 Retail Sales MoM events in United States, we expect a $400 movement on EURUSD within 4 hours following the event release at 16 Mar 23:30. We expect EURUSD to trend downwards 4 hours following the event release at 16 Mar 23:30 if the released value is > -0.5%

Historical events that allowed us to draw this conclusion

18 Feb 00:30	16 Oct 23:30
16 Jun 22:30

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