TradersNews 80% probability that EURUSD will trend up on Friday 14 Jun at 02:00 PM GMT if the US Michigan Consumer Sentiment Prel number is less than 98.

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This Friday 14 Jun at 02:00 PM GMT the latest US Michigan Consumer Sentiment Prel number will be released.
If the number is less than than economists’ consensus there is a 80% probability that EURUSD will trend up following the news event.

This probability is based on the last 12 US Michigan Consumer Sentiment Prel events, in which 4 of the last 5 events where the actual number was less than than the economist consensus resulted in an up trend of EURUSD.

Here are images of the past events:

Friday 18 Jan at 03:00 PM GMT:

Friday 12 Oct at 02:00 PM GMT:

Friday 17 Aug at 02:00 PM GMT:

Friday 13 Jul at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

Posted on June 14, 2019 in Tradersnews_en_GB

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