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 because the released value is > 59. A price movement of 94 pips is expected.

Historical events that allowed us to draw this conclusion

13 Aug 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”).