USD Retail Sales MoM - 20-07-16

Date Thursday 16th July 2020
Time 12:30

USD Retail Sales is released prior to the open of the US session.

We are looking for a divergence of +/-0.5. If this is hit then we will be looking for a 20+ pip spike. This divergence is usually enough for all of the other components to fall in line, so we do not add any conflicts.

What happened last time?

USD Retail Sales MoM – 20-06-16
Time 12:30
Forecast 8.0
Actual 17.7
Deviation +9.7
One minute spike 12 pips

How we setup

Main Event USD Retail Sales MoM
Market USD/JPY
Deviation +/-0.5
Prior 17.7
Forecast 5.0
Triggers Buy >5.4
Sell <4.6

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