Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 60 Historical events that allowed us to draw this conclusion

11 Jun 00:00	12 Mar 02:00
12 Feb 02:00	15 Jan 02:00
13 Nov 02:00	18 Sep 00:00

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