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There is a 80% chance of UB trending upwards

Based on past United States Michigan Consumer Sentiment Prel news events there is a 80% chance of UB trending upwards. We expect this to happen if the released value is < 89.6. A price movement of 142 pips is expected. Historical events that allowed us to draw this conclusion

12 Feb 15:00
15 Jan 15:00
13 Nov 15:00
09 Apr 14:00

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

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