35 pip movement on EURUSD expected
Based on the last 12 Retail Sales MoM events in United States, we expect a 35 pip movement on EURUSD within 2 hours following the event release at 16 Jan 13:30 UTC. We expect EURUSD to trend downwards 2 hours following the event release at 16 Jan 13:30 UTC if the released value is < 0.3%Historical events that allowed us…