Based on past United States Michigan Consumer Sentiment Prel news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen if the released value is > 75. A price movement of 68 pips is expected.

Historical events that allowed us to draw this conclusion

15 Aug 00:00	13 Jun 00:00
16 May 00:00	14 Mar 01:00
15 Feb 02:00	07 Dec 02:00
12 Oct 01:00	14 Sep 00:00

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