Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a $1070 movement on AUDUSD within 48 hours following the event release at 2023-06-17 00:00. We expect AUDUSD to trend upwards 48 hours following the event release at 2023-06-17 00:00 if the released value is > 60

Historical events that allowed us to draw this conclusion

11 Feb 02:00	14 Jan 02:00
10 Dec 02:00	15 Oct 01:00
16 Jul 00:00

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