EURUSD will trend upwards right now

Past performance is not an indicator of future results.
We expect EURUSD to trend upwards for the next 4 hours. Based on these past United States Retail Sales MoM news events there is a 75% chance of this. We expect this to happen because the released value is > 0%. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

15 Nov 13:30

15 Aug 13:30

16 Apr 13:30

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

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