Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect NZDUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards for the next 2 hours because the released value is > 84. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

13 Mar 02:00	12 Dec 02:00
17 Oct 01:00	19 Sep 00:00

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