There is a 75% chance of NZDUSD trending upwards

Based on past United States Michigan Consumer Sentiment Prel news events there is a 75% chance of NZDUSD trending upwards. We expect this to happen if the released value is < 75. A price movement of 6 pips is expected.Historical events that allowed us to draw this conclusion

17 Jul 14:00
09 Apr 14:00
17 Jan 15:30

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

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