Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 71.1
Historical events that allowed us to draw this conclusion
06 Dec 15:00 |
08 Nov 15:00 |
13 Sep 14:00 |
16 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
