1/8/2012 Monthly Retail Sales (1430 HI time / 1930 EST)
Previous Revision: n/a
Spike / RETRACE
Started @ 1.0099
1st Peak @ 1.0072 – 1431 (1 min)
Reversal to 1.0088 – 1446 (16 min)
Notes: Report fell well short of forecast, with no previous report revision, but report broke on a Sunday severely limiting the reaction in volume and magnitude. Do not trade this report due to the Sunday release. No SMAs were crossed, but only 27 ticks were achieved on the spike and 16 on the reversal.