Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect AUDUSD to trend upwards right now. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards for the next 48 hours because the released value is < 80. A price movement of 115 pips is expected. Historical events that allowed us to draw this conclusion

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”).