11 pip movement on AUDUSD expected

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 11 pip movement on AUDUSD within 2 hours following the event release at 15 Jan 15:00 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 15 Jan 15:00 UTC if the released value is < 80 Historical events that allowed us to draw this conclusion

13 Nov 15:00
17 Jul 14:00
09 Apr 14:00