We expect DX to trend upwards later today. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of this. We expect this to happen if the released value is < 84. A price movement of 14 pips is expected. Historical events that allowed us to draw this conclusion
14 May 14:00 |
16 Apr 14:00 |
15 Jan 15:00 |
17 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
