Based on the last 12 Retail Sales MoM events in United States, we expect a $520 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards for 2 hours because the released value is < -0.3% Historical events that allowed us to draw this conclusion

15 Jun 22:30	16 Mar 23:30
16 Jan 00:30	17 Dec 00:30
18 Nov 00:30	16 Sep 22:30

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