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We expect NZDUSD to trend downwards today with a 66.67% chance.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 97

Historical events that allowed us to draw this conclusion

11 Oct 14:00
13 Sep 14:00
17 May 14:00
15 Feb 15:00

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

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GER30 is quickly approaching 13164.0000. We expect either a breakout through this line, or a rebound.

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

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