United States Retail Sales MoM News Event – a possible $200 movement on EURUSD

Past performance is not an indicator of future results.
Based on the last 12 Retail Sales MoM events in United States, we expect a $200 movement on EURUSD within the next 4 hours. We expect EURUSD to trend upwards for 4 hours because the released value is > 0%

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”).