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”).