Want to know why EURUSD is going downwards for the next 12 hours?

Past performance is not an indicator of future results.
Based on the last 12 Retail Sales MoM events in United States, we expect a $240 movement on EURUSD within the next 12 hours. We expect EURUSD to trend downwards for the next 12 hours because the released value is < 0.3%

Historical events that allowed us to draw this conclusion

15 Oct 13:30
14 Sep 13:30
14 Mar 12:30

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

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