Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect 6E to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect 6E to trend upwards 48 hours following the event release at 13 Aug 14:00 if the released value is > 81.2. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
11 Jun 14:00 |
11 Dec 15:00 |
16 Oct 14:00 |
14 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
