Based on the last 12 Retail Sales MoM events in Australia, we expect a $790 movement on AUDUSD within 48 hours following the event release at 03 Jul 11:30. We expect AUDUSD to trend downwards 48 hours following the event release at 03 Jul 11:30 if the released value is < 16.3% Historical events that allowed us to draw this conclusion

06 Mar 11:30	06 Feb 11:30
05 Dec 11:30	04 Nov 11:30
04 Oct 11:30	04 Jul 11:30

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