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Based on past United States Retail Sales MoM news events there is a 71.43% chance of USDJPY trending upwards. We expect this to happen if the released value is < 0.8%. A price movement of 84 pips is expected. Historical events that allowed us to draw this conclusion

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15 Mar 12:30

15 Dec 13:30

14 Oct 12:30

17 Aug 12:30

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