19 pip movement on AUDUSD expected

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 19 pip movement on AUDUSD for the next 4 hours. We expect AUDUSD to trend downwards for 4 hours because the released value is < 75 Historical events that allowed us to draw this conclusion

18 Jan 02:30
09 Nov 02:00
20 Jul 00:00
15 Jun 00:00
13 Apr 00:00

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