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We expect AUDUSD to trend downwards today with a 75% chance.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 71

Historical events that allowed us to draw this conclusion

13 Sep 14:00
19 Jan 15:00
08 Dec 15:00

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

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We expect a 1320 pip movement on NIY for the next 48 hours.

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We expect CT to trend upwards with a 75% chance.

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