Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we could see a 34 pip movement on AUDUSD for the next 2 hours. AUDUSD could trend downwards for 2 hours because the released value is < 67.2 Historical events that allowed us to draw this conclusion
15 Sep 14:00 |
12 May 14:00 |
17 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
