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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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