United States Michigan Consumer Sentiment Prel News Event – a possible $1,150 movement on AUDUSD

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a $1,150 movement on AUDUSD within the next 48 hours. We expect AUDUSD to trend upwards for 48 hours because the released value is < 89.6 Historical events that allowed us to draw this conclusion

13 Feb 02:00
16 Jan 02:00
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”).