Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 53 pip movement on EURUSD within 12 hours following the event release at 2022-12-10 02:00. We expect EURUSD to trend upwards 12 hours following the event release at 2022-12-10 02:00 if the released value is > 56.9

Historical events that allowed us to draw this conclusion

15 Oct 01:00	16 Jul 00:00
15 Apr 00:00	11 Dec 02:00

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