Retail Sales MoM

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We expect EURUSD to trend downwards for the next 48 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 > 0.4%. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

15 Feb 13:30
16 Nov 13:30
15 Sep 12:30

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