Based on the last 12 Michigan Consumer Sentiment Prel events in US, we expect a $80 movement on NZDUSD within the next 2 hours.
We expect NZDUSD to trend down for the next 2 hours because the released value is < 100.4
Historical events that allowed us to draw this conclusion
17 Aug 14:00 |
13 Apr 14:00 |
19 Jan 15:00 |
08 Dec 15:00 |
10 Nov 15:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
