Based on the last 12 Retail Sales MoM events in Australia, we expect a 10 pip movement on AUDUSD for the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is > -4.2%
Historical events that allowed us to draw this conclusion
04 Aug 01:30 |
03 Jul 01:30 |
06 May 01:30 |
03 Apr 00:30 |
11 Jan 00:30 |