Based on the last 12 Retail Sales MoM events in United States, we expect a $230 movement on NZDUSD within 4 hours following the event release at 14 May 22:30. We expect NZDUSD to trend downwards 4 hours following the event release at 14 May 22:30 if the released value is < 1% Historical events that allowed us to draw this conclusion

16 Mar 23:30	16 Jan 00:30
17 Dec 00:30	16 Sep 22:30
15 May 22:30

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