We expect AC to trend upwards for the next 48 hours. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 83.33% chance of this. We expect this to happen because the released value is > 97. A price movement of 4 pips is expected.
Historical events that allowed us to draw this conclusion
13 Sep 14:00 |
17 May 14:00 |
15 Mar 14:00 |
15 Feb 15:00 |
07 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
