Based on past United States Michigan Consumer Sentiment Prel news events there is a 80% chance of UB trending upwards. We expect this to happen if the released value is < 89.6. A price movement of 142 pips is expected. Historical events that allowed us to draw this conclusion
12 Feb 15:00 |
15 Jan 15:00 |
13 Nov 15:00 |
09 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).