Trade with an edge around todays United States Michigan Consumer Sentiment Prel news event

Based on past United States Michigan Consumer Sentiment Prel news events there is a 75% chance of AUDUSD trending upwards. We expect this to happen if the released value is < 80. A price movement of 32 pips is expected. Historical events that allowed us to draw this conclusion

14 Nov 02:00
18 Jul 00:00
10 Apr 00:00

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