80% probability that EURUSD may trend upwards

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect EURUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 90.4 Historical events that allowed us to draw this conclusion

17 Apr 00:00
16 Jan 02:00
14 Nov 02:00
18 Jul 00:00

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