Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 0 pip movement on NE within 48 hours following the event release at 14 Jan 15:00 UTC. We expect NE to trend downwards 48 hours following the event release at 14 Jan 15:00 UTC if the released value is > 70
Historical events that allowed us to draw this conclusion
10 Dec 15:00 |
11 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).