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What to trade around the AU Retail Sales MoM news event

What to trade around the AU Retail Sales MoM news event

Based on the last Retail Sales MoM events in AU, we expect AUDUSD to trend down later today. Based on these past events there is a 66.7% of this.
We expect AUDUSD to trend down hours following the event release at 05 Oct 01:30 if the released value is < 0.2%. A price movement of pips us expected.
Historical events that allowed us to draw this conclusion

08 May 01:30
 
06 Feb 00:30
 
03 Nov 00:30
 
05 Oct 00:30
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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What to trade around the AU Retail Sales MoM news event

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