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We expect a $220 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Retail Sales MoM events in United States release because the released value is > 0.1%. A price movement of 22 pips is expected.
Historical events that allowed us to draw this conclusion
15 May 12:30 |
16 Apr 12:30 |
17 Dec 13:30 |
15 Nov 13:30 |
17 Oct 12:30 |
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