Based on past United States Michigan Consumer Sentiment Prel news events there is a 71.43% chance of NZDUSD trending downwards. We expect this to happen because the released value is < 73.8. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion
11 Oct 14:00 |
12 Jul 14:00 |
10 May 14:00 |
12 Apr 14:00 |
15 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
