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We expect AUDUSD to trend upwards for the next 48 hours.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, AUDUSD could experience an upwards trend. Based on these past events there is a 75% chance of this, and the trend could last 48 hours because the released value is < 68.5. Historical events that allowed us to draw this conclusion

14 Jun 14:00
10 May 14:00
16 Feb 15:00
10 Nov 15:00
13 Oct 14:00
15 Sep 14:00

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

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We expect a $2219 movement on SM within the next 4 hours.

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After testing 86490.1094 numerous times, BTCAUD is once again approaching this price point. Can we expect a bullish trend to follow?

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